Big Data and New Tools to Track Inflation in Real-Time
The Banque de France GVE Data Science Group and the OECD Innovation LAB are holding their annual conference, on June 28, 2022.
With the rapid pick-up in inflation in recent months, this conference aims to bring together recent research using big data and new tools on ways to track and understand inflation in real-time. These offer the potential to track price developments in a more timely, granular, accurate and higher frequency way than existing sources, providing new insights on inflation and pricing behaviour.
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Program
15h Opening remarks
15h10 Keynote address – Alberto Cavallo (Harvard) - New insights from big data on inflation in real-time
Cavallo_Covid Inflation_BOF
- Published on 07/08/2022
- 35 pages
- EN
- PDF (2.66 MB)
15h50 Price setting in Chile: Micro evidence from consumer on-line prices during the social outbreak and Covid-19 (Pena and Prades; Central Bank of Chile, Banco de España)
Pena Prades - 1 - webscraping_Chile
- Published on 07/08/2022
- 29 pages
- EN
- PDF (1.75 MB)
16h10 Short break
16h20 What do 135 million consumer prices tell us about inflation and monetary policy transmission in the euro area ? (Gautier; Banque de France)
16h40 Forecasting UK Inflation Bottom-Up (Potjagailo, Joseph, Kalamara and Kapetanios; Bank of England)
Andreas - 3 - Forecasting inflation bottom up
- Published on 07/08/2022
- 36 pages
- EN
- PDF (1.19 MB)
17h Quality Adjustment at Scale: Hedonic versus Exact Demand-Based Price Indices (Ehrlich et al.; University of Michigan)
Ehrlich - 4 - Quality Adjustment at Scale
- Published on 07/08/2022
- 18 pages
- EN
- PDF (1.28 MB)
17h20 The Expected, Perceived, and Realized Inflation of U.S. Households before and during the COVID19 Pandemic (Weber, Gorodnichenko and Coibion; Chicago, Berkeley, University of Texas)
Gorodnichenko - 5 - expected perceived inflation
- Published on 07/08/2022
- 19 pages
- EN
- PDF (457.5 KB)
17h40 Inflation: what’s new based on text analysis from newspapers and Twitter ? (de Bandt, Bricongne, Defrasne, Denès, de Gaye, Hubert and Robert; Banque de France)
Presentation_InflationAnticipationsTextMining27062022_WithoutAnnexes
- Published on 07/08/2022
- 12 pages
- EN
- PDF (1.72 MB)
18h Closing remarks
The conference will be held remotely (WebEx) in English and is open to all. To contact the organizers, please reply to this address BDF-OECD-BIG-DATA@banque-france.fr
Updated on: 07/20/2022 17:06