How Well Can Real-Time Indicators Track the Economic Impacts of a Crisis Like COVID-19 ? (English)

This paper presents evidence on the extent to which a set of real-time indicators tracked changes in gross domestic product across 142 countries in 2020. The real-time indicators include Google mobility, Google search trends, food price information, nitrogen dioxide, and nighttime lights. Google mobility and staple food prices both declined sharply in March and April, followed by a rapid recovery that returned to baseline levels by July and August...

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Author

Ten,Gi Khan;

Merfeld,Joshua David;

Hirfrfot,Kibrom Tafere;

Newhouse,David Locke;

Pape,Utz Johann;
Document Date
2022/06/13
Document Type
Policy Research Working Paper
Report Number
WPS10080
Volume No
1
Country
World,
Region
Other,
Disclosure Date
2022/06/13
Disclosure Status
Disclosed
Doc Name
How Well Can Real-Time Indicators Track the Economic Impacts of a Crisis Like COVID-19 ?

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Citation

Ten,Gi Khan; Merfeld,Joshua David; Hirfrfot,Kibrom Tafere; Newhouse,David Locke; Pape,Utz Johann.

How Well Can Real-Time Indicators Track the Economic Impacts of a Crisis Like COVID-19 ? (English). Policy Research working paper ; no. WPS 10080;COVID-19 (Coronavirus) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099348106132213539

How Well Can Real-Time Indicators Track the Economic Impacts of a Crisis Like COVID-19 ? (English)

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