Estado:

Aprovado

Começa:

21 de Janeiro de 2021, 12:00

Termina:

21 de Janeiro de 2021, 13:00

Recursos:

PT

Localização:

Online - Aplicação Microsoft Teams

Tema

"THE DEI: TRACKING ECONOMIC ACTIVITY DAILY DURING THE LOCKDOWN"

The SARS-CoV-2 outbreak has spread worldwide causing unprecedented disruptions in the economies. These unparalleled changes in economic conditions made clear the urgent need to depart from traditional statistics to inform policy responses. Hence, the interest in tracking economic activity in a timely manner has led economic agents to rely on high-frequency data as traditional statistics are released with a lag and available at a lower frequency. Naturally, taking on board such a novel data involves addressing some of the complexities of high frequency data (e.g. marked seasonal patterns or calendar effects). Herein, we propose a daily economic indicator (DEI), which can be used to assess the behavior of economic activity during the lockdown period in Portugal.

Orador

António Rua is a Senior Economist of the Economics and Research Department of the Banco de Portugal where he has been working since 1999. He is also Associate Professor (Visiting) at Nova School of Business and Economics where he has taught Econometrics and Statistics. He has published a number of peer-reviewed articles in several internationally renowned scientific journals, including Journal of Business and Economic Statistics, European Economic Review, Journal of Money, Credit and Banking, International Journal of Forecasting, Journal of Forecasting and Oxford Bulletin of Economics and Statistics. He is also the author of various articles in several publications issued by Banco de Portugal.

Inscrições

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