Big Data for Twenty-First-Century Economic Statistics

Big Data for Twenty-First-Century Economic Statistics PDF Author: Katharine G. Abraham
Publisher: University of Chicago Press
ISBN: 022680139X
Category : Business & Economics
Languages : en
Pages : 502

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Book Description
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.

Big Data for Twenty-First-Century Economic Statistics

Big Data for Twenty-First-Century Economic Statistics PDF Author: Katharine G. Abraham
Publisher: University of Chicago Press
ISBN: 022680139X
Category : Business & Economics
Languages : en
Pages : 502

Get Book

Book Description
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.

Big Data

Big Data PDF Author: Viktor Mayer-Schönberger
Publisher: Houghton Mifflin Harcourt
ISBN: 0544002695
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
A exploration of the latest trend in technology and the impact it will have on the economy, science, and society at large.

Big Data Meets Survey Science

Big Data Meets Survey Science PDF Author: Craig A. Hill
Publisher: John Wiley & Sons
ISBN: 1118976320
Category : Social Science
Languages : en
Pages : 784

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Book Description
Offers a clear view of the utility and place for survey data within the broader Big Data ecosystem This book presents a collection of snapshots from two sides of the Big Data perspective. It assembles an array of tangible tools, methods, and approaches that illustrate how Big Data sources and methods are being used in the survey and social sciences to improve official statistics and estimates for human populations. It also provides examples of how survey data are being used to evaluate and improve the quality of insights derived from Big Data. Big Data Meets Survey Science: A Collection of Innovative Methods shows how survey data and Big Data are used together for the benefit of one or more sources of data, with numerous chapters providing consistent illustrations and examples of survey data enriching the evaluation of Big Data sources. Examples of how machine learning, data mining, and other data science techniques are inserted into virtually every stage of the survey lifecycle are presented. Topics covered include: Total Error Frameworks for Found Data; Performance and Sensitivities of Home Detection on Mobile Phone Data; Assessing Community Wellbeing Using Google Street View and Satellite Imagery; Using Surveys to Build and Assess RBS Religious Flag; and more. Presents groundbreaking survey methods being utilized today in the field of Big Data Explores how machine learning methods can be applied to the design, collection, and analysis of social science data Filled with examples and illustrations that show how survey data benefits Big Data evaluation Covers methods and applications used in combining Big Data with survey statistics Examines regulations as well as ethical and privacy issues Big Data Meets Survey Science: A Collection of Innovative Methods is an excellent book for both the survey and social science communities as they learn to capitalize on this new revolution. It will also appeal to the broader data and computer science communities looking for new areas of application for emerging methods and data sources.

Capital in the Twenty-First Century

Capital in the Twenty-First Century PDF Author: Thomas Piketty
Publisher: Harvard University Press
ISBN: 0674979850
Category : Business & Economics
Languages : en
Pages : 817

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Book Description
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.

New Horizons for a Data-Driven Economy

New Horizons for a Data-Driven Economy PDF Author: José María Cavanillas
Publisher: Springer
ISBN: 3319215698
Category : Computers
Languages : en
Pages : 303

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Book Description
In this book readers will find technological discussions on the existing and emerging technologies across the different stages of the big data value chain. They will learn about legal aspects of big data, the social impact, and about education needs and requirements. And they will discover the business perspective and how big data technology can be exploited to deliver value within different sectors of the economy. The book is structured in four parts: Part I “The Big Data Opportunity” explores the value potential of big data with a particular focus on the European context. It also describes the legal, business and social dimensions that need to be addressed, and briefly introduces the European Commission’s BIG project. Part II “The Big Data Value Chain” details the complete big data lifecycle from a technical point of view, ranging from data acquisition, analysis, curation and storage, to data usage and exploitation. Next, Part III “Usage and Exploitation of Big Data” illustrates the value creation possibilities of big data applications in various sectors, including industry, healthcare, finance, energy, media and public services. Finally, Part IV “A Roadmap for Big Data Research” identifies and prioritizes the cross-sectorial requirements for big data research, and outlines the most urgent and challenging technological, economic, political and societal issues for big data in Europe. This compendium summarizes more than two years of work performed by a leading group of major European research centers and industries in the context of the BIG project. It brings together research findings, forecasts and estimates related to this challenging technological context that is becoming the major axis of the new digitally transformed business environment.

The History Manifesto

The History Manifesto PDF Author: Jo Guldi
Publisher: Cambridge University Press
ISBN: 1316165256
Category : Political Science
Languages : en
Pages :

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Book Description
How should historians speak truth to power – and why does it matter? Why is five hundred years better than five months or five years as a planning horizon? And why is history – especially long-term history – so essential to understanding the multiple pasts which gave rise to our conflicted present? The History Manifesto is a call to arms to historians and everyone interested in the role of history in contemporary society. Leading historians Jo Guldi and David Armitage identify a recent shift back to longer-term narratives, following many decades of increasing specialisation, which they argue is vital for the future of historical scholarship and how it is communicated. This provocative and thoughtful book makes an important intervention in the debate about the role of history and the humanities in a digital age. It will provoke discussion among policymakers, activists and entrepreneurs as well as ordinary listeners, viewers, readers, students and teachers. This title is also available as Open Access.

Health in the 21st Century

Health in the 21st Century PDF Author:
Publisher:
ISBN: 9789264355514
Category :
Languages : en
Pages : 210

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Book Description
This report explores how data and digital technology can help achieve policy objectives and drive positive transformation in the health sector while managing new risks such as privacy, equity and implementation costs. It examines the following topics: improving service delivery models; empowering people to take an active role in their health and their care; improving public health; managing biomedical technologies; enabling better collaboration across borders; and improving health system governance and stewardship. It also examines how health workforces should be equipped to make the most of digital technology. The report contains findings from surveys of OECD countries and shares a range of examples that illustrate the potential benefits as well as challenges of the digital transformation in the health sector. Findings and recommendations are relevant for policymakers, health care providers, payers, industry as well as patients, citizens and civil society.

Computational Statistics in Data Science

Computational Statistics in Data Science PDF Author: Richard A. Levine
Publisher: John Wiley & Sons
ISBN: 1119561086
Category : Mathematics
Languages : de
Pages : 672

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Book Description
Ein unverzichtbarer Leitfaden bei der Anwendung computergestützter Statistik in der modernen Datenwissenschaft In Computational Statistics in Data Science präsentiert ein Team aus bekannten Mathematikern und Statistikern eine fundierte Zusammenstellung von Konzepten, Theorien, Techniken und Praktiken der computergestützten Statistik für ein Publikum, das auf der Suche nach einem einzigen, umfassenden Referenzwerk für Statistik in der modernen Datenwissenschaft ist. Das Buch enthält etliche Kapitel zu den wesentlichen konkreten Bereichen der computergestützten Statistik, in denen modernste Techniken zeitgemäß und verständlich dargestellt werden. Darüber hinaus bietet Computational Statistics in Data Science einen kostenlosen Zugang zu den fertigen Einträgen im Online-Nachschlagewerk Wiley StatsRef: Statistics Reference Online. Außerdem erhalten die Leserinnen und Leser: * Eine gründliche Einführung in die computergestützte Statistik mit relevanten und verständlichen Informationen für Anwender und Forscher in verschiedenen datenintensiven Bereichen * Umfassende Erläuterungen zu aktuellen Themen in der Statistik, darunter Big Data, Datenstromverarbeitung, quantitative Visualisierung und Deep Learning Das Werk eignet sich perfekt für Forscher und Wissenschaftler sämtlicher Fachbereiche, die Techniken der computergestützten Statistik auf einem gehobenen oder fortgeschrittenen Niveau anwenden müssen. Zudem gehört Computational Statistics in Data Science in das Bücherregal von Wissenschaftlern, die sich mit der Erforschung und Entwicklung von Techniken der computergestützten Statistik und statistischen Grafiken beschäftigen.

Scanner Data and Price Indexes

Scanner Data and Price Indexes PDF Author: Robert C. Feenstra
Publisher: University of Chicago Press
ISBN: 0226239667
Category : Business & Economics
Languages : en
Pages : 404

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Book Description
Every time you buy a can of tuna or a new television, its bar code is scanned to record its price and other information. These "scanner data" offer a number of attractive features for economists and statisticians, because they are collected continuously, are available quickly, and record prices for all items sold, not just a statistical sample. But scanner data also present a number of difficulties for current statistical systems. Scanner Data and Price Indexes assesses both the promise and the challenges of using scanner data to produce economic statistics. Three papers present the results of work in progress at statistical agencies in the U.S., United Kingdom, and Canada, including a project at the U.S. Bureau of Labor Statistics to investigate the feasibility of incorporating scanner data into the monthly Consumer Price Index. Other papers demonstrate the enormous potential of using scanner data to test economic theories and estimate the parameters of economic models, and provide solutions for some of the problems that arise when using scanner data, such as dealing with missing data.

Data-Driven Innovation Big Data for Growth and Well-Being

Data-Driven Innovation Big Data for Growth and Well-Being PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264229353
Category :
Languages : en
Pages : 456

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Book Description
This report improves the evidence base on the role of Data Driven Innovation for promoting growth and well-being, and provide policy guidance on how to maximise the benefits of DDI and mitigate the associated economic and societal risks.