Turquía | Big Data y Nowcasting: consumo e inversión de transacciones bancarias

Turkey | Big Data and Nowcasting: Consumption and Investment from Bank Transactions

Ali Batuhan Barlas, Seda Guler Mert, Berk Isa, Alvaro Ortiz, Tomasa Rodrigo, Baris Soybilgen and Ege Yazgan

No 21/07, Working Papers from BBVA Bank, Economic Research Department

Abstract: Este artículo demuestra cómo se usa la información agregada de las transacciones bancarias de Garanti BBVA de individuo-empresa y empresa-empresa para replicar la demanda privada nacional en tiempo real y alta definición, que ha demostrado ser necesario para reaccionar ante los rápidos cambios de la economía. This paper demonstrates how we use the aggregate information from individual-to-firm and firm-to-firm Garanti BBVA bank transactions to mimic domestic private demand in real time and high frequency, which has been proven to be necessary to react to rapidly changing economic conditions.

Keywords: Consumption; Consumo; GDP nowcast; Previsiones a corto plazo del PIB; Investment; Inversión; Turkey; Turquía; Analysis with Big Data; Análisis con Big Data; Working Papers; Documento de Trabajo (search for similar items in EconPapers)
JEL-codes: C55 C81 E22 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2021-07
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Persistent link: https://EconPapers.repec.org/RePEc:bbv:wpaper:2107

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