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fagan2888's Projects

google-calendar-to-sms icon google-calendar-to-sms

Project for pulling event dates from a google calendar and then sending out their contents as SMS

google-search-api icon google-search-api

Python based api for searching google web, images, calc, and currency conversion.

google_trends_consumption_prediction icon google_trends_consumption_prediction

This paper investigates the forecasting relationship between a Google Trends indicator and real private consumption expenditure in the US. The indicator is constructed by applying Kernel Principal Component Analysis to consumption-related Google Trends search categories. The predictive performance of the indicator is evaluated in relation to two conventional survey-based indicators: the Conference Board Consumer Confidence Index and the University of Michigan Consumer Sentiment Index. The findings suggest that in both in-sample and out-of-sample nowcasting estimations the Google indicator performs better than survey-based predictors. The results also demonstrate that the predictive performance of survey-augmented models is no different than the power of a baseline autoregressive model that includes macroeconomic variables as controls. The results demonstrate an enormous potential of Google Trends data as a tool of unmatched value to forecasters of private consumption.

googlescraper icon googlescraper

This is a copy of https://github.com/NikolaiT/GoogleScraper

googletranslate icon googletranslate

Python Google Translate (using reverse-engineered public API, so free)

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