A Hands on Guide to Google Data



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Transcription:

A Hands on Guide to Google Data Hal Varian Seth Stephens-Davidowitz Google,Inc. March 7, 2015

Three Google tools for social science research Google Correlate Shows the queries that are most correlated with cross-section (state) or time series (weekly/monthly) data. Google Trends Shows an index of activity for specific queries or categories of queries. Google Consumer Survey Lightweight, quick and inexpensive surveys of internet users.

Correlate: predict house sales over time Go to FRED Download New One Family Houses Sold from 2004 to present Clean up CSV file, upload to Google Correlate Examine plots Export data from Correlate as CSV file

Google Correlate screenshot

Find best predictors using BSTS White: positive Black: negative

In-sample fit with BSTS Circles: actual Black: predicted

Out-of-sample prediction using regression AR1 regression with contemporaneous query data y t = y t 1 + x t + e t one-step ahead prediction Get 23% improvement in MAPE compared to pure AR1 model

House price declines by state (cross section) Use Google Correlate as before, but now by state Here is comparison of price declines and query [short sale process]

Find predictors using spike-slab underwater.mortgage toontown.invasion.tracker toontown.invasion harp.3.0 short.sale.process pool.heater 0.0 0.2 0.4 0.6 0.8 1.0 Inclusion Probability

Apply some judgment short.sale.process harp.3.0 pool.heater twilight.zone.tower.of.terror 0.0 0.2 0.4 0.6 0.8 1.0 Inclusion Probability

Compare actual to fitted across states

What queries are predictive of short lifespan? 3/17/2014 negative life expectancy - Google Correlate hal@google.com Manage my Correlate data Sign out negative life expectancy Search correlations Edit this data Compare US states Compare weekly time series Compare monthly time series Documentation Comic Book FAQ Tutorial Whitepaper Correlate Algorithm Correlate Labs Search by Drawing Correlated with negative life expectancy 0.9092 blood pressure medicine 0.8985 obama a 0.8978 major payne 0.8975 against obama 0.8936 king james bible online 0.8935 about obama 0.8928 prescription medicine 0.8920 40 caliber 0.8919.38 revolver 0.8916 reprobate 0.8911 performance track 0.8910 lost books of the bible 0.8905 glock 40 cal 0.8898 lost books 0.8896 the mark of the beast 0.8892 obama says 0.8891 obama said 0.8882 sodom and 0.8882 the antichrist 0.8865 globe life 0.8858 the judge 0.8834 hair pics 0.8833 medicine side effects 0.8829 momma 0.8828 james david 0.8823 flexeril https://www.google.com/trends/correlate/search?e=id:vs1wq1crzmx&t=all#default,90 1/4

life expectancy vs [blood pressure medication]

Predictors of short lifespan? obama.says full.figured.women blood.pressure.medicine gunshot.wounds X40.caliber 0.0 0.2 0.4 0.6 0.8 1.0

Question about hangovers What day of the week has the most queries for [hangover]? Monday Tuesday Wednesday Thursday Friday Saturday Sunday

Google Trends: queries for [hangover]

Initial claims for Unemployment Benefits One-week ahead forecast using query [filing for unemployment] Baseline is AR(1) model z 1 0 1 2 3 4 5 actual base trends 2004 2006 2008 2010 2012 Index

How does unemployment insurance affect job search? Scott Baker and Andrey Fradkin, SSRN 2251548 Measure job search intensity using Google searches for [jobs -steve] Individuals on UI search 30% less than unemployed not on UI Searches close to UI exhaustion search twice as much as those with 30 weeks remaining Decrease in job search due to UI extensions had were small

How many votes did Obama lose due to racism? Looks at Democratic votes in 2004 compared to 2008 Looks at racist queries by location using Google Trends The higher the racially charged search rate in an area, the worse Mr. Obama did. Racism cost Obama about 4 percentage points of popular vote

Google Consumer Surveys

Example surveys If you were asked to use one of these commonly used names for social classes, which would you say you belong in? Do you support Obama or Romney in the upcoming election? I prefer to buy products that are assembled in America. [Agree or disagree]

Social class Pew Foundation and GCS pew gcs 0 10 20 30 40 lower lower.middle middle upper.middle upper Figure : Comparing Pew and GCS answers to social class question.

Survey amplification 1. Run a GCS asking Do you support Obama in the upcoming election? 2. Associate each (yes,no) response in the survey data to the city associated with the respondent. 3. Build a predictive model for the responses using the Trends category data described above. 4. The resulting regression can be used to extrapolate survey responses to any other geographic region using the Google Trends categories associated with that city.

Predictors for Obama support

Election outcome by state and DMA

I prefer to buy products that are assembled in America

Where is this message predicted to resonate? Most in favor Kernshaw, SC; Summersville, WV; Grundy, VA; Chesnee, SC; Duffield, VA; Norton, VA; Jonesville, VA; Walnut Cove, NC; Weston, WV; Ennice, NC... Least in favor Calipatria, CA; Fremont, CA; Mountain View, CA; San Jose, CA; Berkeley, CA; Redmond, WA; Glendale, CA; Cupertino, CA; Palo Alto, CA; Daggett, CA...