Description
Title: Estimation in a Post-COVID Environment: Multi-Level Nowcasting
Abstract: It was very challenging to comprehend economic developments as they occurred in real time, under unprecedented pandemic conditions, due to the economic turmoil brought on by COVID-19. Existing approaches failed to adequately address the state’s swift economic changes. We were compelled to develop a cutting-edge strategy to (a) bring current, crucial data and (b) assess the various effects of changes taking place in real time. Using publicly available datasets and easily accessible spreadsheet software, these professionals produced actionable data to forecast future economic scenarios, providing guidance on an economy in circumstances for which there is no direct analog. In order to assess current economic changes, this paper explains how to integrate public data. The method is explained using simple procedures and readily available tools. Our analysis of this approach by comparing and contrasting results in Arizona and Colorado shows that the updated data showing the current state of the economy (the Nowcast) is a robust approach for creating accurate, current data, and the various methods for further dissection (the Multi-Level component) create informative datasets for a detailed analysis. However, the caveat that needs to be kept in mind is that structural changes to the economy need to be kept in mind so as to avoid confusing what is true and what is false
Keywords: COVID-19; Nowcasting; regional economics; supersectors
Paper Quality: SCOPUS / Web of Science Level Research Paper
Subject: Economics
Writer Experience: 20+ Years
Plagiarism Report: Turnitin Plagiarism Report will be less than 10%
Restriction: Only one author may purchase a single paper. The paper will then indicate that it is out of stock.
What will I get after the purchase?
A turnitin plagiarism report of less than 10% in a pdf file and a full research paper in a word document.
In case you have any questions related to this research paper, please feel free to call/ WhatsApp on +919726999915
Reviews
There are no reviews yet.