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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22111 |
来源ID | Working Paper 22111 |
The Billion Prices Project: Using Online Prices for Measurement and Research | |
Alberto Cavallo; Roberto Rigobon | |
发表日期 | 2016-03-28 |
出版年 | 2016 |
语种 | 英语 |
摘要 | New data-gathering techniques, often referred to as “Big Data” have the potential to improve statistics and empirical research in economics. In this paper we describe our work with online data at the Billion Prices Project at MIT and discuss key lessons for both inflation measurement and some fundamental research questions in macro and international economics. In particular, we show how online prices can be used to construct daily price indexes in multiple countries and to avoid measurement biases that distort evidence of price stickiness and international relative prices. We emphasize how Big Data technologies are providing macro and international economists with opportunities to stop treating the data as “given” and to get directly involved with data collection. |
主题 | Macroeconomics ; Business Cycles ; International Economics ; International Finance ; International Macroeconomics |
URL | https://www.nber.org/papers/w22111 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579785 |
推荐引用方式 GB/T 7714 | Alberto Cavallo,Roberto Rigobon. The Billion Prices Project: Using Online Prices for Measurement and Research. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22111.pdf(836KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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