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Recently, studies have used search query volume (SQV) data to forecast a given process of interest. However, Google Trends SQV data comes from a periodic sample of queries. As a result, Google Trends data is different every week. We propose…

Applications · Statistics 2016-02-29 Roberto Rivera

New fashion product sales forecasting is a challenging problem that involves many business dynamics and cannot be solved by classical forecasting approaches. In this paper, we investigate the effectiveness of systematically probing…

Computer Vision and Pattern Recognition · Computer Science 2024-03-28 Geri Skenderi , Christian Joppi , Matteo Denitto , Marco Cristani

Intangible capital as the result of digitalization and globalization has not been fully measured yet in the economy because of several challenges. The limitation of data sources and the methodological issue related to how to measure and…

Applications · Statistics 2022-12-07 Atika Nashirah Hasyyati , Adhi Kurniawan

This paper proposes a referencable pattern of the recovery of the consumption sector, a new dimension to observe and evaluate the intrinsic value of the consumption sector, and proposes the concept of sensory-based consumption and the…

General Economics · Economics 2024-02-14 Wenbo Lyu , Jiayi Zhu , Yunan Ding , Keming Zhang

On today's Web, users trade access to their private data for content and services. Advertising sustains the business model of many websites and applications. Efficient and successful advertising relies on predicting users' actions and…

Computers and Society · Computer Science 2016-05-25 Silvia Puglisi , David Rebollo-Monedero , Jordi Forné

Today, our more-than-ever digital lives leave significant footprints in cyberspace. Large scale collections of these socially generated footprints, often known as big data, could help us to re-investigate different aspects of our social…

Physics and Society · Physics 2023-01-05 Taha Yasseri , Jonathan Bright

In the following paper, we use a topic modeling algorithm and sentiment scoring methods to construct a novel metric that serves as a leading indicator in recession prediction models. We hypothesize that the inclusion of such a sentiment…

Applications · Statistics 2018-06-01 Melody Y. Huang , Randall R. Rojas , Patrick D. Convery

Portfolio diversification and active risk management are essential parts of financial analysis which became even more crucial (and questioned) during and after the years of the Global Financial Crisis. We propose a novel approach to…

Portfolio Management · Quantitative Finance 2013-10-08 Ladislav Kristoufek

GDP is a vital measure of a country's economic health, reflecting the total value of goods and services produced. Forecasting GDP growth is essential for economic planning, as it helps governments, businesses, and investors anticipate…

General Economics · Economics 2024-09-05 Huaqing Xie , Xingcheng Xu , Fangjia Yan , Xun Qian , Yanqing Yang

Accurate demand forecasting in the retail industry is a critical determinant of financial performance and supply chain efficiency. As global markets become increasingly interconnected, businesses are turning towards advanced prediction…

Machine Learning · Computer Science 2023-08-24 Md Sabbirul Haque , Md Shahedul Amin , Jonayet Miah

Personalized recommendations form an important part of today's internet ecosystem, helping artists and creators to reach interested users, and helping users to discover new and engaging content. However, many users today are skeptical of…

Cryptography and Security · Computer Science 2024-01-09 Allegra Laro , Yanqing Chen , Hao He , Babak Aghazadeh

We develop a resource-efficient methodology for measuring economic outlook in news text that combines document embeddings with synthetic training data generated by large language models. Applied to 27 million news articles, the resulting…

General Economics · Economics 2026-02-18 Elliot Beck , Franziska Eckert , Linus Kühne , Helge Liebert , Rina Rosenblatt-Wisch

Researchers have used social media data to estimate various macroeconomic indicators about public behaviors, mostly as a way to reduce surveying costs. One of the most widely cited economic indicator is consumer confidence index (CCI).…

Social and Information Networks · Computer Science 2021-11-29 Neeti Pokhriyal , Abenezer Dara , Benjamin Valentino , Soroush Vosoughi

Trend following and momentum investing are common strategies employed by asset managers. Even though they can be helpful in the proper situations, they are limited in the sense that they work just by looking at past, as if we were driving…

Trading and Market Microstructure · Quantitative Finance 2024-07-19 Fernando Berzal , Alberto Garcia

Consumer spending accounts for a large fraction of the US economic activity. Increasingly, consumer activity is moving to the web, where digital traces of shopping and purchases provide valuable data about consumer behavior. We analyze…

Social and Information Networks · Computer Science 2015-12-16 Farshad Kooti , Kristina Lerman , Luca Maria Aiello , Mihajlo Grbovic , Nemanja Djuric , Vladan Radosavljevic

In this proposal paper we highlight the need for privacy preserving energy demand forecasting to allay a major concern consumers have about smart meter installations. High resolution smart meter data can expose many private aspects of a…

Machine Learning · Computer Science 2020-12-15 Christopher Briggs , Zhong Fan , Peter Andras

Recommender systems have gained increasing attention to personalise consumer preferences. While these systems have primarily focused on applications such as advertisement recommendations (e.g., Google), personalized suggestions (e.g.,…

Information Retrieval · Computer Science 2023-12-12 Kelley Ann Yohe

Financial market prediction on the basis of online sentiment tracking has drawn a lot of attention recently. However, most results in this emerging domain rely on a unique, particular combination of data sets and sentiment tracking tools.…

Statistical Finance · Quantitative Finance 2012-04-19 Huina Mao , Scott Counts , Johan Bollen

The main goal of syndromic surveillance systems is early detection of an outbreak in a society using available data sources. In this paper, we discuss what are the challenges of syndromic surveillance systems and how continuous Artificial…

Computers and Society · Computer Science 2020-09-02 Fatemeh Jahedpari

The internet has changed the way we live, work and take decisions. As it is the major modern resource for research, detailed data on internet usage exhibits vast amounts of behavioral information. This paper aims to answer the question…

Econometrics · Economics 2022-06-02 Christopher Bockel-Rickermann