Ege Yazgan
Ege Yazgan
External Partner

Latest publications

BBVA Research present at the Conference on Non-traditional Data, Machine Learning and Natural Language Processing in Macroeconomics. We show evidence that Big Data from financial transactions is very useful for Nowcasting models of consumption and investment and reinforces the power of our traditional models.
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.