Presentation from David Soloff, CEO and Co-Founder, Premise #gigaomlive More at http://events.gigaom.com/structuredata-2014/

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2. HOW MICRODATA CAN SAY A LOT
ABOUT MACROECONOMICS
David Soloff
Premise
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3. DAVID SOLOFF
@davidsoloff
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5. “—no, a dreary, desolate and, indeed, quite
abject and distressing one; what we might
call, by way of eminence, the dismal science.”
— Thomas Carlyle
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8. Mikro
Data
&
Makro
Economics
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9. "There's still a Cold War element to our statistics. We're kind
of in a holding pattern. In many situations I found myself
wishing we had more current data and broader data."
— Alan Krueger
http://on.wsj.com/1ggFq9c
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14. January 2007
September 2007
February 2008
March 2008
April 2008
Mexico: “Tortilla Riots”
West Bengal: Riots over food shortages and public corruption
Cameroon: High fuel and food prices
Senegal: Protests over high cost of living
Haiti: Riots over rising food prices
Yemen: Riots as price of wheat doubles, rice + vegetables up 20%
Egypt: Riots over the price of bread
November 2008 China: Contaminated milk due to high cattle feed prices
October 2007 Russia: Gov’t pressures food producers to freeze prices
Wednesday, March 26, 14

15. Food prices and the incidence of violence in Africa [van Weezel 2013]
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24. Mar May Jul Sep Nov
0.940.960.981.001.021.04
China − CPI (Official)
Premise − Food Staples Index
Granger Causality: 0.94
Correlation: 0.93
Jan Mar May Jul Sep Nov
0.951.001.051.101.15
India − CPI (Official)
Premise − Food Staples Index
Granger Causality: 0.81
Correlation: 0.89
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27. there are too many strata to measure everything
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28. “You need to focus on quality. You’ll be better off
with a small but carefully structured sample rather
than a large sloppy sample.”
— Hal Varian
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33. @premisedata
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