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Studies on the Value of Data

Author

Listed:
  • Rachel Soloveichik

Abstract

The U.S. Bureau of Economic Analysis has undertaken a series of studies that present methods for quantifying the value of simple data that can be differentiated from the complex data created by highly skilled workers that was studied in Calderón and Rassier 2022. Preliminary studies in this series focus on tax data, individual credit data, and driving data. Additional examples include medical records, educational transcripts, business financial records, customer data, equipment maintenance histories, social media profiles, tourist maps, and many more. If new case studies under this topic are released, they will be added to the listing below.

Suggested Citation

  • Rachel Soloveichik, 2024. "Studies on the Value of Data," BEA Papers 0124, Bureau of Economic Analysis.
  • Handle: RePEc:bea:papers:0124
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    File URL: https://www.bea.gov/system/files/2024-04/BEA-WP2024-1a.pdf
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    More about this item

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading

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