Concepedia

Predicting the Present with Google Trends

Hyunyoung Choi, Hal R. Varian

Economic Record · 2012 · 2.3K citations · 28 references

Concepts

Abstract

In this paper we show how to use search engine data to forecast near‐term values of economic indicators. Examples include automobile sales, unemployment claims, travel destination planning and consumer confidence.

References

28

Trends and random walks in macroeconmic time series

Charles R. Nelson, Charles R. Plosser · Journal of Monetary Economics · 1982

4.6K citations

4.3K citations

APPROACHES FOR BAYESIAN VARIABLE SELECTION

Edward I. George, Robert E. McCulloch · 1997

1.2K citations

Digital Disease Detection — Harnessing the Web for Public Health Surveillance

John S. Brownstein, Clark C. Freifeld, Lawrence C. Madoff · New England Journal of Medicine · 2009

+20

813 citations

Predicting consumer behavior with Web search

Sharad Goel, Jake M. Hofman, Sébastien Lahaie et al. · Proceedings of the National Academy of Sciences · 2010

+25

637 citations