Regional inflation analysis using social network data

arXiv:2403.00774v1 Announce Type: cross
Abstract: Inflation is one of the most important macroeconomic indicators that have a great impact on the population of any country and region. Inflation is influenced by range of factors, one of which is inflation expectations. Many central banks take this factor into consideration while implementing monetary policy within the inflation targeting regime. Nowadays, a lot of people are active users of the Internet, especially social networks. There is a hypothesis that people search, read, and …

abstract analysis arxiv banks country cs.cl cs.si data impact inflation monetary policy network policy population q-fin.st regional social type