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(1) Can Google Trends Accurately Forecast GDP Growth? (5 min read) In this week’s Deep Dive, Sam van de Schootbrugge reviews an exciting new OECD paper that uses Google Trends search volumes to forecast weekly GDP growth. The model performs well against various benchmarks and gives an insight into Q4 GDP growth expectations.
( Sam van de Schootbrugge │ 9th December, 2020)
Cyber Risk and Financial Stability: It’s a Small World After All (IMF, 25 page read)
Dominant Currency Dynamics: Evidence on Dollar-invoicing from UK Exporters (INET, 32 page read)
The Colour of Money: Federal vs. Industry Funding of University Research (NBER, 21 page read)
Tracking activity in real time with Google Trends (OECD, 35 page read) – Deep Dive Paper
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