全球智库信息集成服务系统(G2TT): DP17519 National Accounts in a World of Naturally Occurring Data: A Proof of Concept for Consumption

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP17519
	DP17519 National Accounts in a World of Naturally Occurring Data: A Proof of Concept for Consumption
	Gergely Buda; Vasco Carvalho; Stephen Hansen; Alvaro Ortiz; Tomasa Rodrigo; Jose V. Rodríguez Mora
发表日期	2022-07-30
出版年	2022
语种	英语
摘要	This paper provides the first proof of concept that naturally occurring transaction data, arising from the decentralized activity of millions of economic agents, can be harnessed to produce national accounts-like objects. We deploy comprehensive transaction-level data and its associated metadata arising from the universe of Spanish retail accounts of Banco Bilbao Vizcaya Argentaria (BBVA). We organize the resulting 3 billion individual transactions by 1.8 million bank customers in a large and highly detailed representative consumption panel to show (i) that the aggregation of such data, once organized according to national accounting principles, can reproduce current official statistics on aggregate consumption in the national accounts with a high degree of precision and, as a result of the richness of transaction data, (ii) produce novel, highly detailed distributional accounts for consumption. Finally, exploiting the panel nature of our data, we (iii) offer a non-parametric analysis of individual consumption dynamics across the consumption distribution.
主题	Development Economics ; International Macroeconomics and Finance ; International Trade and Regional Economics ; Labour Economics ; Macroeconomics and Growth ; Monetary Economics and Fluctuations ; Public Economics
URL	https://cepr.org/publications/dp17519
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/546603
推荐引用方式 GB/T 7714	Gergely Buda,Vasco Carvalho,Stephen Hansen,et al. DP17519 National Accounts in a World of Naturally Occurring Data: A Proof of Concept for Consumption. 2022.