Vosen, Simeon; Schmidt, Torsten - In: Journal of Forecasting 30 (2011) 6, pp. 565-578
In this study we introduce a new indicator for private consumption based on search query time series provided by Google … Trends. The indicator is based on factors extracted from consumption-related search categories of the Google Trends … Index. The results show that in almost all conducted in‐sample and out‐of‐sample forecasting experiments the Google …