Nowcasting the Business Cycle

Nowcasting the Business Cycle PDF Author: James Picerno
Publisher: CreateSpace
ISBN: 9781492923855
Category : Business & Economics
Languages : en
Pages : 154

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Book Description
Nowcasting The Business Cycle presents a practical guide for analyzing recession risk—the primary risk factor that drives success and failure in business, finance, wealth management, and so much more. Whether you're an individual investor watching over your retirement account; the owner of a small business; a manager running a billion-dollar pension fund; or a CEO in charge of a global corporation, a large portion of triumph and defeat is closely linked with the broad swings in the economy. The business cycle, in other words, is the mother of all known (and recurring) risk factors. Accordingly, developing a process for assessing the likelihood of this threat is critical. Everyone needs a reliable, timely warning system that's relatively uncomplicated and transparent. Drawing on economic theory and macro's historical record, Nowcasting The Business Cycle outlines a simple but effective model for identifying those times when a new recession has probably started. This isn't forecasting, which is a fool's errand when it comes to the economy. Instead, the goal is recognizing when a majority of key indicators have already reached a tipping point. That may sound like a trivial advantage, but most people—including many economists—don't fully recognize when a recession has begun until the deterioration is obvious. By that point, the opportunity has probably passed for taking defensive measures in your investment portfolio, your business, or your career. The real challenge is less about predicting and more about developing solid intuition for recognizing when the macro threat is exceptionally high. Even a small degree of progress here can provide a considerable boost to your strategic insight. If we can learn the techniques for recognizing a cyclical downturn's presence relatively early—soon after it's begun, or just as it's starting—we'll have an advantage that tends to elude most folks. Nowcasting The Business Cycle provides a roadmap for ensuring that you won't be caught by surprise when the next recession strikes. That's a crucial advantage for one powerful reason: There's always another recession coming.

Nowcasting the Business Cycle

Nowcasting the Business Cycle PDF Author: James Picerno
Publisher: CreateSpace
ISBN: 9781492923855
Category : Business & Economics
Languages : en
Pages : 154

Get Book Here

Book Description
Nowcasting The Business Cycle presents a practical guide for analyzing recession risk—the primary risk factor that drives success and failure in business, finance, wealth management, and so much more. Whether you're an individual investor watching over your retirement account; the owner of a small business; a manager running a billion-dollar pension fund; or a CEO in charge of a global corporation, a large portion of triumph and defeat is closely linked with the broad swings in the economy. The business cycle, in other words, is the mother of all known (and recurring) risk factors. Accordingly, developing a process for assessing the likelihood of this threat is critical. Everyone needs a reliable, timely warning system that's relatively uncomplicated and transparent. Drawing on economic theory and macro's historical record, Nowcasting The Business Cycle outlines a simple but effective model for identifying those times when a new recession has probably started. This isn't forecasting, which is a fool's errand when it comes to the economy. Instead, the goal is recognizing when a majority of key indicators have already reached a tipping point. That may sound like a trivial advantage, but most people—including many economists—don't fully recognize when a recession has begun until the deterioration is obvious. By that point, the opportunity has probably passed for taking defensive measures in your investment portfolio, your business, or your career. The real challenge is less about predicting and more about developing solid intuition for recognizing when the macro threat is exceptionally high. Even a small degree of progress here can provide a considerable boost to your strategic insight. If we can learn the techniques for recognizing a cyclical downturn's presence relatively early—soon after it's begun, or just as it's starting—we'll have an advantage that tends to elude most folks. Nowcasting The Business Cycle provides a roadmap for ensuring that you won't be caught by surprise when the next recession strikes. That's a crucial advantage for one powerful reason: There's always another recession coming.

Politics and Big Data

Politics and Big Data PDF Author: Andrea Ceron
Publisher: Routledge
ISBN: 1317134133
Category : Political Science
Languages : en
Pages : 196

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Book Description
The importance of social media as a way to monitor an electoral campaign is well established. Day-by-day, hour-by-hour evaluation of the evolution of online ideas and opinion allows observers and scholars to monitor trends and momentum in public opinion well before traditional polls. However, there are difficulties in recording and analyzing often brief, unverified comments while the unequal age, gender, social and racial representation among social media users can produce inaccurate forecasts of final polls. Reviewing the different techniques employed using social media to nowcast and forecast elections, this book assesses its achievements and limitations while presenting a new technique of "sentiment analysis" to improve upon them. The authors carry out a meta-analysis of the existing literature to show the conditions under which social media-based electoral forecasts prove most accurate while new case studies from France, the United States and Italy demonstrate how much more accurate "sentiment analysis" can prove.

Radar Meteorology

Radar Meteorology PDF Author: Frédéric Fabry
Publisher: Cambridge University Press
ISBN: 1107070465
Category : Science
Languages : en
Pages : 277

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Book Description
This practical full-color textbook introduces the fundamental physics behind radar measurements and their meteorological interpretation. A valuable resource for students, it includes problem sets, case studies, and supplementary electronic material. With a focus on operational and research applications, it is also a useful reference for researchers and professional meteorologists.

Economic Analysis of the Digital Economy

Economic Analysis of the Digital Economy PDF Author: Avi Goldfarb
Publisher: University of Chicago Press
ISBN: 022620684X
Category : Business & Economics
Languages : en
Pages : 510

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Book Description
There is a small and growing literature that explores the impact of digitization in a variety of contexts, but its economic consequences, surprisingly, remain poorly understood. This volume aims to set the agenda for research in the economics of digitization, with each chapter identifying a promising area of research. "Economics of Digitization "identifies urgent topics with research already underway that warrant further exploration from economists. In addition to the growing importance of digitization itself, digital technologies have some features that suggest that many well-studied economic models may not apply and, indeed, so many aspects of the digital economy throw normal economics in a loop. "Economics of Digitization" will be one of the first to focus on the economic implications of digitization and to bring together leading scholars in the economics of digitization to explore emerging research.

Measuring Entrepreneurial Businesses

Measuring Entrepreneurial Businesses PDF Author: John Haltiwanger
Publisher: University of Chicago Press
ISBN: 022645407X
Category : Business & Economics
Languages : en
Pages : 488

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Book Description
Measuring Entrepreneurial Businesses: Current Knowledge and Challenges brings together and unprecedented group of economists, data providers, and data analysts to discuss research on the state of entrepreneurship and to address the challenges in understanding this dynamic part of the economy. Each chapter addresses the challenges of measuring entrepreneurship and how entrepreneurial firms contribute to economies and standards of living. The book also investigates heterogeneity in entrepreneurs, challenges experienced by entrepreneurs over time, and how much less we know than we think about entrepreneurship given data limitations. This volume will be a groundbreaking first serious look into entrepreneurship in the NBER's Income and Wealth series.

Big Data for Twenty-First-Century Economic Statistics

Big Data for Twenty-First-Century Economic Statistics PDF Author: Katharine G. Abraham
Publisher: University of Chicago Press
ISBN: 022680125X
Category : Business & Economics
Languages : en
Pages : 502

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Book Description
Introduction.Big data for twenty-first-century economic statistics: the future is now /Katharine G. Abraham, Ron S. Jarmin, Brian C. Moyer, and Matthew D. Shapiro --Toward comprehensive use of big data in economic statistics.Reengineering key national economic indicators /Gabriel Ehrlich, John Haltiwanger, Ron S. Jarmin, David Johnson, and Matthew D. Shapiro ;Big data in the US consumer price index: experiences and plans /Crystal G. Konny, Brendan K. Williams, and David M. Friedman ;Improving retail trade data products using alternative data sources /Rebecca J. Hutchinson ;From transaction data to economic statistics: constructing real-time, high-frequency, geographic measures of consumer spending /Aditya Aladangady, Shifrah Aron-Dine, Wendy Dunn, Laura Feiveson, Paul Lengermann, and Claudia Sahm ;Improving the accuracy of economic measurement with multiple data sources: the case of payroll employment data /Tomaz Cajner, Leland D. Crane, Ryan A. Decker, Adrian Hamins-Puertolas, and Christopher Kurz --Uses of big data for classification.Transforming naturally occurring text data into economic statistics: the case of online job vacancy postings /Arthur Turrell, Bradley Speigner, Jyldyz Djumalieva, David Copple, and James Thurgood ;Automating response evaluation for franchising questions on the 2017 economic census /Joseph Staudt, Yifang Wei, Lisa Singh, Shawn Klimek, J. Bradford Jensen, and Andrew Baer ;Using public data to generate industrial classification codes /John Cuffe, Sudip Bhattacharjee, Ugochukwu Etudo, Justin C. Smith, Nevada Basdeo, Nathaniel Burbank, and Shawn R. Roberts --Uses of big data for sectoral measurement.Nowcasting the local economy: using Yelp data to measure economic activity /Edward L. Glaeser, Hyunjin Kim, and Michael Luca ;Unit values for import and export price indexes: a proof of concept /Don A. Fast and Susan E. Fleck ;Quantifying productivity growth in the delivery of important episodes of care within the Medicare program using insurance claims and administrative data /John A. Romley, Abe Dunn, Dana Goldman, and Neeraj Sood ;Valuing housing services in the era of big data: a user cost approach leveraging Zillow microdata /Marina Gindelsky, Jeremy G. Moulton, and Scott A. Wentland --Methodological challenges and advances.Off to the races: a comparison of machine learning and alternative data for predicting economic indicators /Jeffrey C. Chen, Abe Dunn, Kyle Hood, Alexander Driessen, and Andrea Batch ;A machine learning analysis of seasonal and cyclical sales in weekly scanner data /Rishab Guha and Serena Ng ;Estimating the benefits of new products /W. Erwin Diewert and Robert C. Feenstra.

Data Science for Economics and Finance

Data Science for Economics and Finance PDF Author: Sergio Consoli
Publisher: Springer Nature
ISBN: 3030668916
Category : Application software
Languages : en
Pages : 357

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Book Description
This open access book covers the use of data science, including advanced machine learning, big data analytics, Semantic Web technologies, natural language processing, social media analysis, time series analysis, among others, for applications in economics and finance. In addition, it shows some successful applications of advanced data science solutions used to extract new knowledge from data in order to improve economic forecasting models. The book starts with an introduction on the use of data science technologies in economics and finance and is followed by thirteen chapters showing success stories of the application of specific data science methodologies, touching on particular topics related to novel big data sources and technologies for economic analysis (e.g. social media and news); big data models leveraging on supervised/unsupervised (deep) machine learning; natural language processing to build economic and financial indicators; and forecasting and nowcasting of economic variables through time series analysis. This book is relevant to all stakeholders involved in digital and data-intensive research in economics and finance, helping them to understand the main opportunities and challenges, become familiar with the latest methodological findings, and learn how to use and evaluate the performances of novel tools and frameworks. It primarily targets data scientists and business analysts exploiting data science technologies, and it will also be a useful resource to research students in disciplines and courses related to these topics. Overall, readers will learn modern and effective data science solutions to create tangible innovations for economic and financial applications.

Doppler Radar Observations

Doppler Radar Observations PDF Author: Joan Bech
Publisher: BoD – Books on Demand
ISBN: 9535104969
Category : Science
Languages : en
Pages : 486

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Book Description
Doppler radar systems have been instrumental to improve our understanding and monitoring capabilities of phenomena taking place in the low, middle, and upper atmosphere. Weather radars, wind profilers, and incoherent and coherent scatter radars implementing Doppler techniques are now used routinely both in research and operational applications by scientists and practitioners. This book brings together a collection of eighteen essays by international leading authors devoted to different applications of ground based Doppler radars. Topics covered include, among others, severe weather surveillance, precipitation estimation and nowcasting, wind and turbulence retrievals, ionospheric radar and volcanological applications of Doppler radar. The book is ideally suited for graduate students looking for an introduction to the field or professionals intending to refresh or update their knowledge on Doppler radar applications.

Alternative Economic Indicators

Alternative Economic Indicators PDF Author: C. James Hueng
Publisher: W.E. Upjohn Institute
ISBN: 0880996765
Category : Business & Economics
Languages : en
Pages : 133

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Book Description
Policymakers and business practitioners are eager to gain access to reliable information on the state of the economy for timely decision making. More so now than ever. Traditional economic indicators have been criticized for delayed reporting, out-of-date methodology, and neglecting some aspects of the economy. Recent advances in economic theory, econometrics, and information technology have fueled research in building broader, more accurate, and higher-frequency economic indicators. This volume contains contributions from a group of prominent economists who address alternative economic indicators, including indicators in the financial market, indicators for business cycles, and indicators of economic uncertainty.

Deep Learning for the Earth Sciences

Deep Learning for the Earth Sciences PDF Author: Gustau Camps-Valls
Publisher: John Wiley & Sons
ISBN: 1119646162
Category : Technology & Engineering
Languages : en
Pages : 436

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Book Description
DEEP LEARNING FOR THE EARTH SCIENCES Explore this insightful treatment of deep learning in the field of earth sciences, from four leading voices Deep learning is a fundamental technique in modern Artificial Intelligence and is being applied to disciplines across the scientific spectrum; earth science is no exception. Yet, the link between deep learning and Earth sciences has only recently entered academic curricula and thus has not yet proliferated. Deep Learning for the Earth Sciences delivers a unique perspective and treatment of the concepts, skills, and practices necessary to quickly become familiar with the application of deep learning techniques to the Earth sciences. The book prepares readers to be ready to use the technologies and principles described in their own research. The distinguished editors have also included resources that explain and provide new ideas and recommendations for new research especially useful to those involved in advanced research education or those seeking PhD thesis orientations. Readers will also benefit from the inclusion of: An introduction to deep learning for classification purposes, including advances in image segmentation and encoding priors, anomaly detection and target detection, and domain adaptation An exploration of learning representations and unsupervised deep learning, including deep learning image fusion, image retrieval, and matching and co-registration Practical discussions of regression, fitting, parameter retrieval, forecasting and interpolation An examination of physics-aware deep learning models, including emulation of complex codes and model parametrizations Perfect for PhD students and researchers in the fields of geosciences, image processing, remote sensing, electrical engineering and computer science, and machine learning, Deep Learning for the Earth Sciences will also earn a place in the libraries of machine learning and pattern recognition researchers, engineers, and scientists.