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Price information collected online and short-term inflation forecasts / Scraped sales price information and short-term CPI forecasts

In: Big Data

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  • Isaiah Hull
  • Marten Löf
  • Markus Tibblin

Abstract

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Suggested Citation

  • Isaiah Hull & Marten Löf & Markus Tibblin, 2017. "Price information collected online and short-term inflation forecasts / Scraped sales price information and short-term CPI forecasts," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Big Data, volume 44, Bank for International Settlements.
    • Handle: RePEc:bis:bisifc:44-09
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    References listed on IDEAS

    as
    1. Bernanke, Ben S. & Boivin, Jean, 2003. "Monetary policy in a data-rich environment," Journal of Monetary Economics, Elsevier, vol. 50(3), pages 525-546, April.
    2. Alberto Cavallo, 2017. "Are Online and Offline Prices Similar? Evidence from Large Multi-channel Retailers," American Economic Review, American Economic Association, vol. 107(1), pages 283-303, January.
    3. Manuel Bertoloto & Alberto Cavallo & Roberto Rigobon, 2014. "Using Online Prices to Anticipate Official CPI Inflation," UTokyo Price Project Working Paper Series 031, University of Tokyo, Graduate School of Economics.
    4. Mark W. Watson & James H. Stock, 2004. "Combination forecasts of output growth in a seven-country data set," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 23(6), pages 405-430.
    5. Stock J.H. & Watson M.W., 2002. "Forecasting Using Principal Components From a Large Number of Predictors," Journal of the American Statistical Association, American Statistical Association, vol. 97, pages 1167-1179, December.
    Full references (including those not matched with items on IDEAS)

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