Showing 1 - 10 of 172
Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation activity performed by heavy transport vehicles across...
Persistent link: https://www.econbiz.de/10010278651
Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation activity performed by heavy transport vehicles across...
Persistent link: https://www.econbiz.de/10008854242
Previous evidence indicates trust is an important correlate of compliance with COVID-19 containment policies. However, this conclusion hinges on two crucial assumptions: first, that compliance does not change over time, and second, that mobility or self-reported measures are good proxies for...
Persistent link: https://www.econbiz.de/10013351710
The urgency of the two crises, especially the COVID-19 pandemic, revealed the inadequacy of traditional statistical datasets and models to provide a timely support to the decision-making process in times of volatility. Drawing upon advances in data analytics for public policy and the increasing...
Persistent link: https://www.econbiz.de/10014296681
We demonstrate that regression models can be estimated by working independently in a row-wise fashion. We document a simple procedure which allows for a wide class of econometric estimators to be implemented cumulatively, where, in the limit, estimators can be produced without ever storing more...
Persistent link: https://www.econbiz.de/10014469687
-producing firms in the UK (which the UK government refers to as the 'information economy'). Exploiting a combination of public …
Persistent link: https://www.econbiz.de/10010468187
We present the first attempt to construct a long-run historical measure of subjective wellbeing using language corpora derived from millions of digitized books. While existing measures of subjective wellbeing go back to at most the 1970s, we can go back at least 200 years further using our...
Persistent link: https://www.econbiz.de/10011307412
Traffic jams are an important problem both on an individual and on a societal level and much research has been done on trying to explain their emergence. The mainstream approach to road traffic monitoring is based on crowdsourcing roaming GPS devices such as cars or cell phones. These systems...
Persistent link: https://www.econbiz.de/10011401780
timely information on well-being. This can be particularly useful to timely inform decision-making. …
Persistent link: https://www.econbiz.de/10012882479
National life satisfaction is an important way to measure societal well-being and since 2011 has been used to judge the effectiveness of government policy across the world. However, there is a paucity of historical data making limiting long-run comparisons with other data. We construct a new...
Persistent link: https://www.econbiz.de/10012597404