Predicting the Present with Google Trends
SSRN Electronic JournalPublished 1 January 2009Open access
Hal R. Varian, Hyunyoung Choi
Citations452
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Abstract
Can Google queries help predict economic activity?
Keywords
Medicine
Philosophical Transactions of the Royal Society A Mathematical Physical and Engineering SciencesComplex dynamics of our economic life on different scales: insights from search engine query data
45 Citations2010Tobias Preis, Daniel Reith +1 more
It is found clear evidence that weekly transaction volumes of S&P 500 companies are correlated with weekly search volume of corresponding company names, and a recently introduced method for quantifying complex correlations in time series finds a clear tendency that search volume time series and transactionvolume time series show recurring patterns.