Nowcasting macroeconomic indicators with alternative data: a literature review
by Matheus Pereira Libório; Manuela Pozo Griecco; Rafael Consentino de la Vega; Paulino Oliveira
International Journal of Business and Data Analytics (IJBDA), Vol. 2, No. 3, 2023

Abstract: This research explores an emerging topic in the economic literature: the nowcasting of macroeconomic indicators with alternative data. The research reveals that alternative data is a concept in consolidation, presenting controversies that make it challenging to discover the literature of interest. The analysis of 364 papers indicates that including terms such as big data, Google, internet search data, and econometrics facilitates the discovery of relevant literature. The research also offers a more straightforward and consistent categorisation of alternative data and a map of the challenges and opportunities for researchers and practitioners in the field.

Online publication date: Mon, 11-Sep-2023

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Business and Data Analytics (IJBDA):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com