Archive · dataset · 2016
Cavallo, Alberto, and Roberto Rigobon (2016) "The Billion Prices Project: Using Online Data for Measurement and Research" - Journal of Economic Perspectives , 31(1) (Spring 2016)
Listed in DataCite
New data-gathering techniques, often referred to as “Big Data” have the potential to improve statistics and empirical research in economics.
Description
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.
Links
Where it is published
- Repository landing page dataverse.harvard.edu/citation?persistentId=doi%3A10.7910%2FDVN%2F6RQCRS ↗
landing page · from DataCite
- DOI doi.org/10.7910/dvn/6rqcrs ↗
DOI / persistent id · from DataCite
Documentation and papers
Catalogue records · 2
- DataCite API api.datacite.org/dois/10.7910/dvn/6rqcrs ↗
metadata API · from DataCite
- DataCite Commons commons.datacite.org/doi.org/10.7910/dvn/6rqcrs ↗
catalogue entry · from DataCite
Topics
- Stated by source
- Economics and business
- From keywords
- Social Science
- Inferred from text
- Panel data analysis 75%
Provenance · 1 source records, 9 field assertions
| Source | Key | Last seen | Raw |
|---|---|---|---|
| DataCite | 10.7910/dvn/6rqcrs | 13 d ago | JSON v1 |
| Field | Assertion | Extractor | Evidence |
|---|---|---|---|
| access_level | source · DataCite | connector:datacite@1.0.0 | /data/attributes/rightsList |
| concepts[field].anzsrc:field:380204 | enrichment · DataCite | taxonomy-embedding@1.1.0 | title+keywords+description (75%) |
| concepts[field].fos:economics-and-business | source · DataCite | connector:datacite@1.0.0 | |
| concepts[field].local:field:social-science | mapping · DataCite | vocabulary-mapper@1.0.0 | keywords['Social Sciences'] |
| description | source · DataCite | connector:datacite@1.0.0 | /data/attributes/descriptions |
| publication_date | source · DataCite | connector:datacite@1.0.0 | /data/attributes/dates |
| title | source · DataCite | connector:datacite@1.0.0 | /data/attributes/titles/0/title |
| updated_date | source · DataCite | connector:datacite@1.0.0 | |
| version_label | source · DataCite | connector:datacite@1.0.0 |