Economists tend to depend heavily on official government statistics to study the economy. A major downside of such data is that they are highly aggregated in nature and released with long lags. Another problem is that they are based on surveys of households or businesses, relying on the honesty and accuracy of such recollected, self-reported information.
Seth Stephens-Davidowitz argues that internet data, in particular Google search data, reveal people's true feelings far more accurately than survey data do – and they provide such insights in a highly granular and real-time manner.
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Who Should Attend: Business executives, strategists, and economic researchers, along with anyone who has an interest in big data and what it reveals about human behavior
This On-Demand Webcast is Complimentary.