Using internet search data as economic indicators

Nick McLaren and Rachana Shanbhogue ()
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Rachana Shanbhogue: Bank of England, Postal: Threadneedle Street, London, EC2R 8AH, http://www.bankofengland.co.uk

Bank of England Quarterly Bulletin, 2011, vol. 51, issue 2, 134-140

Abstract: Data on the volume of online searches can be used as indicators of economic activity. This article examines the use of these data for labour and housing markets in the United Kingdom. These data provide some additional information relative to existing surveys. And with further development, internet search data could become an important tool for economic analysis.

Date: 2011
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Citations: View citations in EconPapers (104)

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