Shifting from economic forecasting to scenario planning
The current situation presents an enormous challenge for economists like Jan-Egbert Sturm. The director of the KOF Swiss Economic Institute and his counterparts around the world are shifting from economic forecasting to scenario planning in a time of unprecedented change. “We are confronted with a situation where we can’t wait for a quarter to end. We have to work with weekly or even daily data,” says Sturm.
For more information please also visit "Ask the expert": https://ethz.ch/en/news-and-events/eth-news/news/2020/04/sturm-on-the-corona-crisis.html
KOF Swiss Economic Institute: https://kof.ethz.ch/en
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