The objective of this study is to assess the possibility of using Internet search keyword data for forecasting price series in Central America, focusing on Costa Rica, El Salvador, and Honduras. The Internet search data comes from Google Trends. The paper introduces these data and discusses some of the challenges inherent in working with it in the context of developing countries. A new index is introduced for consumer search behavior for these countries...
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INFORMATION
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2015/08/19
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Document de travail de recherche sur les politiques
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WPS7398
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1
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1
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2015/08/19
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Disclosed
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Nowcasting prices using Google trends : an application to Central America
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index construction