Big Data for Twenty-First-Century Economic Statistics

Language: English

Published by The University Of Chicago Press Mär 2022, 2022

022680125X / 9780226801254

Series: Book 2 of 18 - National Bureau of Economic Research Studies in Income and Wealth

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Neuware - The papers in this volume analyze the deployment of Big Data to solve both existing and novel challenges in economic measurement. The existing infrastructure for the production of key economic statistics relies heavily on data collected through sample surveys and periodic censuses, together with administrative records generated in connection with tax administration. The increasing difficulty of obtaining survey and census responses threatens the viability of existing data collection approaches. The growing availability of new sources of Big Data--such as scanner data on purchases, credit card transaction records, payroll information, and prices of various goods scraped from the websites of online sellers--has changed the data landscape. These new sources of data hold the promise of allowing the statistical agencies to produce more accurate, more disaggregated, and more timely economic data to meet the needs of policymakers and other data users. This volume documents progress made toward that goal and the challenges to be overcome to realize the full potential of Big Data in the production of economic statistics. It describes the deployment of Big Data to solve both existing and novel challenges in economic measurement, and it will be of interest to statistical agency staff, academic researchers, and serious users of economic statistics.…

Seller Inventory # 9780226801254

Title
Big Data for Twenty-First-Century Economic Statistics
Author
Brian C. Moyer
Publisher
The University Of Chicago Press Mär 2022
Publication year
2022
Condition
Neu
Binding
Buch
Language
English
ISBN 10
022680125X
ISBN 13
9780226801254
Item weight
866 grams
Dimensions
232x163x35 mm
Series
Book 2 of 18: National Bureau of Economic Research Studies in Income and Wealth

AHA-BUCH GmbH

Einbeck, Germany

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