Google Trends: Estimation of Macroeconomic Indicators

Student: Molodniak Evgenii

Educational Programme: Applied Economics (Master)

Year of Graduation: 2019

This research discusses the possibility of using data from Google Trends search queries to predict aggregated macroeconomic indicators using inflation as an example. By comparing the search trends with the monthly dynamics of real economic indicators for some countries, significant online indicators of inflation expectations were found. Also, an improved procedure for such studies using Google Correlate for the selection of search terms has been proposed.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses