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jerryking : quandl   4

Can big data revolutionise policymaking by governments?
January 30, 2018 | FT | Robin Wigglesworth in New York.

Alberto Cavallo is today a professor of applied economics at MIT, where he runs the Billion Prices Project with Roberto Rigobon, another MIT professor. The project started in 2006, during a period when the then-Argentine government was accused of manipulating its inflation data. Professors Cavallo and Rigobon realised that by compiling the online prices listed by Argentine retailers they could build a more accurate and contemporaneous measure of the true inflation rate....The project’s commercial arm, PriceStats, now collects enough data to provide daily inflation updates for 22 economies. “It was kind of an accident. But we quickly realised that it had applications elsewhere,” Prof Cavallo says....Quandl, an alternative data provider

The project is just one example of a broader trend of trawling the swelling sea of big data for clues on how companies, industries or entire economies are performing.
alternative_data_provider  informational_advantages  massive_data_sets  MIT  Quandl  policymaking 
february 2018 by jerryking
Wall Street’s Insatiable Lust: Data, Data, Data
By BRADLEY HOPE
Updated Sept. 12, 2016

One of his best strategies is to attend the most seemingly mundane gatherings, such as the Association for Healthcare Resource & Materials Management conference in San Diego last year, and the National Industrial Transportation League event in New Orleans.

“I walk the floor, try to talk to companies and get a sense within an industry of who collects data that could provide a unique insight into that industry,” he said.....Data hunters scour the business world for companies that have data useful for predicting the stock prices of other companies. For instance, a company that processes transactions at stores could have market-moving information on how certain products or brands are selling or a company that provides software to hospitals could give insights into how specific medical devices are being used......A host of startups also are trying to make it easier for funds without high-powered data-science staffers to get the same insights. One, called Quandl Inc., based in Toronto, offers a platform that includes traditional market data alongside several “alternative” data....
alternative_data  conferences  data  data_hunting  hedge_funds  insights  investors  exhaust_data  market_moving  medical_devices  mundane  private_equity  Quandl  quants  sentiment_analysis  unconventional  unglamorous  Wall_Street 
september 2016 by jerryking

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