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• W4236509180 abstract "Timely data availability is a long-standing challenge in policy-making and analysis for low-income developing countries. This paper explores the use of Google Trends’ data to narrow such information gaps and finds that online search frequencies about a country significantly correlate with macroeconomic variables (e.g., real GDP, inflation, capital flows), conditional on other covariates. The correlation with real GDP is stronger than that of nighttime lights, whereas the opposite is found for emerging market economies. The search frequencies also improve out-of-sample forecasting performance albeit slightly, demonstrating their potential to facilitate timely assessments of economic conditions in low-income developing countries." @default.
• W4236509180 created "2022-05-12" @default.
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• W4236509180 date "2018-01-01" @default.
• W4236509180 modified "2023-10-13" @default.
• W4236509180 title "In Search of Information:" @default.
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• W4236509180 doi "https://doi.org/10.5089/9781484390177.001" @default.
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