| Nº Sistema |
000471200 |
| Autor |
 Aguilar, Pablo |
|
Ghirelli, Corinna |
|
Pacce, Matías |
|
Urtasun, Alberto |
| Título |
Can news help measure economic sentiment? [Recurso electrónico] : an application in COVID-19 times / Pablo Aguilar, Corinna Ghirelli, Matías Pacce and Alberto Urtasun. |
| Publicado en |
Economics Letters [Artículos], v. 199, February 2021, 109730 |
| Nota general |
Artículo de revista |
| Resumen |
We construct a new newspaper-based sentiment indicator for Spain that allows to monitor economic activity in real-time. As opposed to survey-based confidence indicators that are released at the end of the month, our indicator can be constructed on a daily basis. We compare our index with the popular Economic Sentiment Indicator of the European Commission and show that ours performs significantly better in nowcasting the Spanish GDP. Moreover, it proves to be helpful to predict the current COVID-19 recession from an earlier date. (C) 2021 Elsevier B.V. All rights reserved. [Resumen de la editorial] [eng] |
| Restricciones |
Acceso público y gratuito a la versión electrónica en Internet |
| Acceso electrónico |
 Acceso al texto completo. |
| Relacionado con |
Documentos de Trabajo / Banco de España; 2027 |
| Clasificación |
E5-Fluctuaciones y ciclos económicos. |
|
C41-Modelos econométricos. |
|
C4-Modelización econométrica. |
| Materia |
España |
