In times of economic crisis, researchers and policymakers need reliable and recent data to model shocks, forecast economic repercussions, and distribute aid. We, a team of international researchers, have developed an automated tool to measure the risk companies see in the Covid-19 pandemic: the CoRisk-Index. While the index focuses on real-time data on the Coronavirus pandemic, the methodology of the CoRisk-Index can be extended to other economic crises, such as “trade wars”.
