The Billion Prices Project: Using Online Prices for Measurement and Research

New data-gathering techniques, often referred to as “Big Data” have the potential to improve statistics and empirical research in economics. In this paper we describe our work with online data at the Billion Prices Project at MIT and discuss key lessons for both inflation measurement and some fundam...

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Bibliographic Details
Main Authors: Cavallo, Alberto F., Rigobon, Roberto
Other Authors: Sloan School of Management
Format: Article
Language:en_US
Published: American Economic Association 2016
Online Access:http://hdl.handle.net/1721.1/105176
https://orcid.org/0000-0002-9701-3507
https://orcid.org/0000-0002-9054-3804