Nikos Askitas
@askitas
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Mathematician/Technologist/Economist. Head IDSC - RDC of IZA, Coordinator Data & Technology @iza_bonn. Fellow @ifo_Institut. Academic Editor @PLOSONE. 🇪🇺🇺🇦
Bonn, Germany
Joined June 2009
Acting autocratically and evidence-free is not enough for the Trump nuts. Now they are attacking the data! With AFD at 20% and cosying up to Musk the specter of German official (micro-)data getting in the wrong hands is on the horizon as well...
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IZA/Fable SWIPE Consumption Index: Final January 2025 Consumption Data Shows Stronger Growth Than Initial Estimate. Notable rebound from December’s performance.
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Flash IZA/Fable SWIPE Consumption Index in January 2025 at +5.31% year-over-year, based on a 14-day month-to-date comparison.
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AI industry is tapping out on new data to train on, forced to shift away from the way models are trained today. Like with fossil fuels: just as oil is a finite resource, the internet contains a finite amount of human-generated content.
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A continuing and pronounced decoupling between border crossings of heavy vehicles and industrial production. Driven by value to weight ratio drop driven e.g. by energy intensive industry slow down?
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The IZA/Fable consumption index for Nov. 2024 stabilizes at +4% YoY, lower than its flash value of 6%. The difference is due to a late BlackFriday this year (29th vs. 24th Nov in 2023) so part of the splurging (e.g. CyberMonday) will be booked in December.
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Flash IZA/Fable SWIPE Consumption Index above six percent in November 2024
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IZA/Fable SWIPE-Konsumindikator für November über sechs Prozent im Plus
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On Transaction vs Survey based indicators: people might keep spending even as they report pessimism about the future. The poison of downward spiraling, self-fulfilling pessimism can be remedied when using sentiment and transactions in a balanced way.
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Flash November value of the IZA/Fable SWIPE Consumption Index is just out, continuous a multi-month streak of positive readings, shows 6.34% year-on-year growth in private consumption.
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RT @CESifoNetwork: The IZA / Fable Swipe Consumption Index | @askitas Anoop Bindra Martinez, Fabio Saia Cereda #econtwitter
https://t.co/…
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@MSchularick @PeterBofinger Now think of the army of people running around with Lenovo laptops in their briefcases and imagine what a tiny Chinese “glitch” could do to the “free world”.
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