Big Data in the macroeconomic analysis forecasting investments and exports with unconventional data sources and methods.
2020–2021
In this project we evaluate whether unconventional data sources such as satellite images, newspaper articles, web articles or monitoring truck, ship, and train movement can help predict the economic developments, in particular with regard to Investments and Exports.
Project duration: 2018–2020
Funding body: Federal Ministry of Economics and Technology