Various Types of Alternative Data and Its Use Cases in the U.S.
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- MIYANO Keita
- JETRO New York
Bibliographic Information
- Other Title
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- 米国における各種のオルタナティブ(代替)データとその活用事例
Abstract
This paper will provide an overview of alternative data in the U.S., including nowcasting and various analytical efforts using such data, for both public and private organizations. While public institutions tend to focus on nowcasting of overall economic trends such as GDP, many private institutions are attempting to conduct more micro-level analyses such as people's consumption be-havior. Since the use of alternative data for economic analysis is still a relatively new method, there are concerns about the proper handling of data from the perspective of privacy protection, which may lead to further regulations and restrictions on data use in the future. In addition, a decline in the accuracy of analyses using alternative data has also been pointed out since COVID-19 pandemic happened.
Journal
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- THE KEIZAI BUNSEKI (THE ECONOMIC ANALYSIS)
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THE KEIZAI BUNSEKI (THE ECONOMIC ANALYSIS) 208 (0), 211-226, 2023-10-25
The Economic and Social Research Institute, Cabinet Office
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Keywords
Details 詳細情報について
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- CRID
- 1390579919144374272
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- ISSN
- 27589900
- 04534727
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- Text Lang
- ja
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- Data Source
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- JaLC
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- Abstract License Flag
- Allowed