Predicting the Present with Google Trends
Hal R. Varian
University of California, Berkeley - School of Information; University of California, Berkeley - Operations and Information Technology Management Group; National Bureau of Economic Research (NBER)
Economic Record, Vol. 88, pp. 2-9, 2012
In this paper we show how to use search engine data to forecast near‐term values of economic indicators. Examples include automobile sales, unemployment claims, travel destination planning and consumer confidence.
Number of Pages in PDF File: 8
JEL Classification: C1, C8, C53Accepted Paper Series
Date posted: June 28, 2012
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
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