CRIW Conference: Big Data for 21st Century Economic Statistics

Authors Please upload your paper and slides here. Discussants Please upload your slides here.

Katharine G. Abraham, Ron S. Jarmin, Brian Moyer, and Matthew D. Shapiro, Organizers

March 15-16, 2019

Hyatt Regency Bethesda
Cabinet/Judiciary Room
One Bethesda Metro Center
Bethesda, MD

Conference Code of Conduct

Friday, March 15
8:30 am
Continental Breakfast
Session 1, Chair: Katharine Abraham, University of Maryland and NBER
9:00 am
Welcome from Conference Organizers and Opening Remarks from James Poterba, Massachusetts Institute of Technology and NBER
9:10 am
Gabriel Ehrlich, University of Michigan
John C. Haltiwanger, University of Maryland and NBER
Ron S. Jarmin, U.S. Census Bureau
David Johnson, University of Michigan
Matthew D. Shapiro, University of Michigan and NBER
Re-Engineering Key National Economic Indicators (slides)
Discussant: Robert C. Feenstra, University of California at Davis and NBER
9:50 am
Aditya Aladangady, Federal Reserve Board
Shifrah Aron-Dine, Stanford University
Wendy Dunn, Federal Reserve Board
Laura Feiveson, Federal Reserve Board
Paul Lengermann, Federal Reserve Board
Claudia R. Sahm, Washington Center for Equitable Growth
From Transactions Data to Economic Statistics: Constructing Real-Time, High-Frequency, Geographic Measures of Consumer Spending (slides)
Discussant: Chris Wheat, JP Morgan Chase Institute
10:30 am
Session 2, Chair: David Wilcox, Federal Reserve Board, retired
11:00 am
Andrea Batch, Bureau of Economic Analysis
Jeffrey C. Chen, Bureau of Economic Analysis
Alexander Driessen, Bureau of Economic Analysis
Abe Dunn, Bureau of Economic Analysis
Kyle K. Hood, Bureau of Economic Analysis
Off to the Races: A Comparison of Machine Learning and Alternative Data for Predicting Economic Indicators (slides)
(discussant slides)
Discussant: Francis X. Diebold, University of Pennsylvania and NBER
11:40 am
Rishab Guha, Harvard University
Serena Ng, Columbia University and NBER
A Machine Learning Analysis of Seasonal and Cyclical Sales in Weekly Scanner Data (slides)
Discussant: Gary Cornwall, Bureau of Economic Analysis
12:20 pm
Lunch and Keynote Address:
Introduction, Ron Jarmin, U.S. Census Bureau

How Statistics Netherlands Intends to Use Big Data to Improve Official Statistics, While Reducing Costs and Lowering Burden
Tjark Tjin-A-Tsoi, Director General, Statistics Netherlands

Session 3, Chair: Barry Johnson, Internal Revenue Service
1:30 pm
Rebecca J. Hutchinson, U.S. Census Bureau
Investigating Alternative Data Sources to Reduce Respondent Burden in United States Census Bureau Retail Economic Data Products (slides)
1:50 pm
Carol Robbins, National Science Foundation
Gizem Korkmaz, University of Virginia
Jose Bayoan Santiago Calderon, University of Virginia
Claire Kelling, Pennsylvania State University
Sallie Keller, University of Virginia
Stephanie S. Shipp, University of Virginia
The Scope and Impact of Open Source Software: A Framework for Analysis and Preliminary Cost Estimates (slides)
2:10 pm
Tomaz Cajner, Federal Reserve Board
Leland D. Crane, Federal Reserve Board
Ryan Decker, Federal Reserve Board
Adrian Hamins-Puertolas, Federal Reserve Board
Christopher Kurz, Federal Reserve Board
Improving the Accuracy of Economic Measurement with Multiple Data Sources: The Case of Payroll Employment Data (slides)
2:30 pm
Andrew L. Baer, International Monetary Fund
J. Bradford Jensen, Georgetown University and NBER
Shawn D. Klimek, U.S. Census Bureau
Lisa Singh, Georgetown University
Joseph Staudt, U.S. Census Bureau
Yifang Wei, Georgetown University
Automating Response Evaluation for Franchising Questions on the 2017 Economic Census (slides)
2:50 pm
Session 4, Chair: David Wessel, Brookings Institution
3:20 pm
Marina Gindelsky, Bureau of Economic Analysis
Jeremy Moulton, University of North Carolina, Chapel Hill
Scott A. Wentland, Bureau of Economic Analysis
Valuing Housing Services in the Era of Big Data: A User Cost Approach Leveraging Zillow Microdata (slides)
Discussant: Raven Molloy, Federal Reserve Board
4:00 pm
Abe Dunn, Bureau of Economic Analysis
Dana Goldman, University of Southern California and NBER
John Romley, University of Southern California
Neeraj Sood, University of Southern California and NBER
Quantifying Productivity Growth in Health Care Using Insurance Claims and Administrative Data (slides)
Discussant: Helen G. Levy, University of Michigan and NBER
4:40 pm
Edward L. Glaeser, Harvard University and NBER
Hyunjin Kim, Harvard University
Michael Luca, Harvard University and NBER
Nowcasting the Local Economy: Using Yelp Data to Measure Economic Activity
Discussant: Michael Cafarella, University of Michigan
5:20 pm
5:30 pm
CRIW Membership Meeting
Katharine Abraham, University of Maryland and NBER
Saturday, March 16
8:30 am
Continental Breakfast
Session 5, Chair: Emi Nakamura, University of California at Berkeley and NBER
9:00 am
David Copple, Bank of England
Bradley J. Speigner, Bank of England
Arthur Turrell, Bank of England
Transforming Naturally Occurring Text Data into Economic Statistics: The Case of Online Job Vacancy Postings (slides)
Discussant: Ayşegül Şahin, University of Texas at Austin and NBER
9:40 am
Sudip Bhattacharjee, University of Connecticut
John Cuffe, U.S. Census Bureau
Ugochukwu Etudo, University of Connecticut
Justin Smith, U.S. Census Bureau
Nevada Basdeo, U.S. Census Bureau
Using Public Data to Generate Industrial Classification Codes (slides)
10:00 am
Don Fast, Bureau of Labor Statistics
Susan Fleck, Bureau of Labor Statistics
Measuring Export Price Movements With Administrative Trade Data (slides)
10:20 am
David Friedman, Bureau of Labor Statistics
Crystal G. Konny, Bureau of Labor Statistics
Brendan K. Williams, Bureau of Labor Statistics
Big Data in the U.S. Consumer Price Index: Experiences & Plans (slides)
10:40 am
Session 6, Chair: Brent Moulton, Bureau of Economic Analysis, retired
11:10 am
W. Erwin Diewert, University of British Columbia and NBER
Robert C. Feenstra, University of California at Davis and NBER
Estimating the Benefits of New Products (slides)
Estimating the Benefits of New Products: Some Approximations
Discussant: Marshall B. Reinsdorf, International Monetary Fund
11:50 am
Pick up boxed lunch
Session 7, Chair: Daniel Goroff, Alfred P. Sloan Foundation
12:00 pm
Katharine G. Abraham, University of Maryland and NBER
Margaret Levenstein, University of Michigan
Matthew D. Shapiro, University of Michigan and NBER
Securing Commercial Data for Economic Statistics
12:40 pm
Concluding Session
1:00 pm

Participant List

John M. AbowdU.S. Census Bureau
Katharine G. AbrahamUniversity of Maryland and NBER
Ana AizcorbeBureau of Economic Analysis
Aditya AladangadyFederal Reserve Board
Rachel AndersonPrinceton University
S. Borağan AruobaUniversity of Maryland
Eric BartlesmanVU Amsterdam
Emek BaskerU.S. Census Bureau
William BeachGeorge Mason University
Roger BetancourtUniversity of Maryland
Sudip BhattacharjeeUniversity of Connecticut
Barry BosworthBrookings Institution
Benjamin R. BridgmanBureau of Economic Analysis
J. David BrownU.S. Census Bureau
David ByrneFederal Reserve Board
Michael CafarellaUniversity of Michigan
Rob CageBureau of Labor Statistics
Tomaz CajnerFederal Reserve Board
Carol CaldwellU.S. Census Bureau
Richard CarsonUniversity of California at San Diego
Jeffrey C. ChenBureau of Economic Analysis
Avinash CollisMassachusetts Institute of Technology
Gary CornwallBureau of Economic Analysis
Carol CorradoThe Conference Board
Leland D. CraneFederal Reserve Board
John CuffeU.S. Census Bureau
Ryan DeckerFederal Reserve Board
Francis X. DieboldUniversity of Pennsylvania and NBER
Holden A. DiethornState University of New York at Albany
W. Erwin DiewertUniversity of British Columbia and NBER
Abe DunnBureau of Economic Analysis
Wendy DunnFederal Reserve Board
Gabriel EhrlichUniversity of Michigan
John EltingeU.S. Census Bureau
Richard EvansStatistics Canada
Don FastBureau of Labor Statistics
Robert C. FeenstraUniversity of California at Davis and NBER
Laura FeivesonFederal Reserve Board
Dennis FixlerBureau of Economic Analysis
Susan FleckBureau of Labor Statistics
Lucia FosterU.S. Census Bureau
Simon FreyaldenhovenFederal Reserve Bank of Philadelphia
David FriedmanBureau of Labor Statistics
Felix Galbis-ReigFederal Reserve Board
Thesia GarnerBureau of Labor Statistics
Marina GindelskyBureau of Economic Analysis
Daniel GoroffAlfred P. Sloan Foundation
Erica GroshenCornell University
Rishab GuhaHarvard University
John C. HaltiwangerUniversity of Maryland and NBER
Adrian Hamins-PuertolasFederal Reserve Board
Brian Harris-KojetinNational Academy of Sciences
Kyle K. HoodBureau of Economic Analysis
Rebecca J. HutchinsonU.S. Census Bureau
Ron S. JarminU.S. Census Bureau
J. Bradford JensenGeorgetown University and NBER
Barry JohnsonInternal Revenue Service
David JohnsonUniversity of Michigan
Chinhui JuhnUniversity of Houston and NBER
Fariha KamalU.S. Census Bureau
Arnold KatzBureau of Economic Analysis
Hyunjin KimHarvard University
John KitchenCongressional Budget Office
Morris M. KleinerUniversity of Minnesota and NBER
Shawn D. KlimekU.S. Census Bureau
Crystal G. KonnyBureau of Labor Statistics
Gizem KorkmazUniversity of Virginia
Gregory KurtzonBureau of Labor Statistics
Christopher KurzFederal Reserve Board
Mark KutzbachFederal Deposit Insurance Corporation
Paul LengermannFederal Reserve Board
David G. LenzeBureau of Economic Analysis
Helen G. LevyUniversity of Michigan and NBER
Steve LiesmanCNBC
Michael LucaHarvard University and NBER
Christopher MackieNational Academy of Sciences
Raymond Mataloni Jr.Bureau of Economic Analysis
Robert McClellandTax Policy Center
Kristin McCueU.S. Census Bureau
Erika McEntarferU.S. Census Bureau
Fanny McKellipsBank of Canada
Charles MetcalfMathematica Policy Research, Inc.
Bruce D. MeyerUniversity of Chicago and NBER
Javier MirandaU.S. Census Bureau
Raven MolloyFederal Reserve Board
Kristen A. MonacoBureau of Labor Statistics
Ryan MonarchFederal Reserve Board
Norman J. MorinFederal Reserve Board
Brent MoultonBureau of Economic Analysis, retired
Jeremy MoultonUniversity of North Carolina, Chapel Hill
Brian MoyerBureau of Economic Analysis
Alice NakamuraUniversity of Alberta
Emi NakamuraUniversity of California at Berkeley and NBER
Serena NgColumbia University and NBER
Kelsey O'FlahertyFederal Reserve Board
Amy O'HaraGeorgetown University
Robert ParkerConsultant on Federal Statistics
Justin R. PierceFederal Reserve Board
Anne PolivkaBureau of Labor Statistics
James M. PoterbaMassachusetts Institute of Technology and NBER
Dylan G. RassierBureau of Economic Analysis
Marshall B. ReinsdorfInternational Monetary Fund
J. David RichardsonSyracuse University and NBER
Carol RobbinsNational Science Foundation
John RomleyUniversity of Southern California
John W. RuserWorkers' Compensation Research Institute
Anne RussellU.S. Census Bureau
Ayşegül ŞahinUniversity of Texas at Austin and NBER
Claudia SahmWashington Center for Equitable Growth
Jon SamuelsBureau of Economic Analysis
Matthew D. ShapiroUniversity of Michigan and NBER
Kathryn L. ShawStanford University and NBER
Louise SheinerBrookings Institution
Daniel E. SichelWellesley College and NBER
Robin C. SicklesRice University
Lisa SinghGeorgetown University
Leigh SkuseOffice for National Statistics
James SpletzerU.S. Census Bureau
Joseph StaudtU.S. Census Bureau
Charles SteindelRamapo College of New Jersey
John J. StevensFederal Reserve Board
Martha StinsonU.S. Census Bureau
Ciaren TaylorOffice for National Statistics
Tjark Tjin-A-TsoiStatistics Netherlands
Arthur TurrellBank of England
Marcel Van der SteenStatistics Netherlands
Lars VilhuberCornell University
Gal WachtelPalantir
J. Christina WangFederal Reserve Bank of Boston
William WascherFederal Reserve Board
Daniel WeinbergU.S. Census Bureau, retired
Scott A. WentlandBureau of Economic Analysis
David WesselBrookings Institution
Chris WheatJP Morgan Chase Institute
David W. WilcoxFederal Reserve Board, retired
Brendan K. WilliamsBureau of Labor Statistics
Daniel WilliamsPalantir
Tom WilliamsOffice for National Statistics
Valentin ZelenyukUniversity of Queensland
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