Big Data

IFC Bulletin  |  No 44  | 
26 September 2017
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Proceedings of the IFC Satellite Seminar at the ISI Regional Statistics Conference 2017 on "Big Data", Bali, Indonesia, 21 March 2017.

Overview of the seminar

Big data and central banking
Author:  Bruno Tissot
pdf version (181kb)

Opening remarks

Opening remarks by Yati Kurniati
Author:  Yati Kurniati
pdf version (60kb)
Opening remarks by Aurel Schubert
Author:  Aurel Schubert
pdf version (58kb)

Opening keynote

Quantitative risk management and stress test to ensure safety and soundness of financial institutions
Author:  Agus Sudjianto
pdf version (583kb)

Session 1 - Big Data for Central Banks

Central banks' use of and interest in "big data"
Author:  Jens Mehrhoff
pdf version (287kb)
Data as a critical factor for central banks
Authors:  Maciej Piechocki and Anne Leslie-Bini
pdf version (1659kb)
Overview of international experiences with data standards and identifiers applicable for big data analysis
Author:  Michal Piechocki
pdf version (1383kb)

Session 2 - Internet datasets

The use of Big Data in Central Bank of Armenia
Authors:  Gagik Aghajanyan, Tigran Baghdasaryan and Gor Lazyan
pdf version (610kb)
Price information collected online and short-term inflation forecasts / Scraped sales price information and short-term CPI forecasts
Authors:  Isaiah Hull, Marten Löf and Markus Tibblin
pdf version (878kb)
Forecasting tourism demand through search queries and machine learning
Author:  Rendell E. de Kort
pdf version (1798kb)
Capturing depositors' expectations with Google data
Authors:  Patrick Weber, Falko Fecht and Stefan Thum
pdf version (436kb)

Session 3 - Financial, administrative and commercial datasets

Determinants on firm survival in Chile: Evidence from cohort 2010 for the period 2011-15
Authors:  Diana López, Daymler O'Farrill, Josué Pérez and Beatriz Velasquez
pdf version (925kb)
Using online property advertisements data as a proxy for property market indicators
Authors:  Kumala Kristiawardani and Irfan Sampe
pdf version (625kb)
Integrated management of credit data - Turning threats into opportunities
Author:  Luís Teles Dias
pdf version (856kb)

Session 4 - Central Bank Communication

Finding similar words in Big Data - Text mining approach of semantic similar words in the Federal Reserve Board members' speeches
Authors:  Christian Dembiermont and Byeungchun Kwon
pdf version (1148kb)
Between hawks and doves: measuring Central Bank Communication
Authors:  Stefano Nardelli, David Martens and Ellen Tobback
pdf version (715kb)
Central Bank Communications: information extraction and semantic analysis
Author:  Giuseppe Bruno
pdf version (725kb)

Panel - Issues on Big Data Governance - Big Data work in Central Banks, HR and IT issues

Panel presentation by Pedro Luis do Nascimento Silva
Author:  Pedro Luis do Nascimento Silva
pdf version (375kb)
Panel presentation by Anne Leslie-Bini
Author:  Anne Leslie-Bini
pdf version (1535kb)
Panel presentation by Rhys Mendes
Author:  Rhys Mendes
pdf version (406kb)