MIT Billion Prices project

The Billion Prices Project (BPP) is a project started by MIT Sloan School of Management professors Alberto Cavallo[1] and Roberto Rigobon,[2] which aggregates price information from multitude of online retailers around the world and gives real time inflation predictions.[3]

BPP monitored daily price fluctuations of ~5 million items sold by ~300 online retailers in more than 70 countries.[4]

Media coverage

Business Insider published an article Is MIT's Billion Prices Project Warning Of A Large Spike Up In The CPI[5] predicting the spike in CPI.

MIT covers in its news "Billion Prices Project: Introducing real-time economics".[6]

References

  1. ↑ "Alberto F Cavallo". Retrieved 25 April 2011.
  2. ↑ "Roberto Rigobon". Retrieved 25 April 2011.
  3. ↑ DuVergne Smith, Nancy. "Billion Prices Project: Introducing Real-Time Economics". Retrieved 25 April 2011.
  4. ↑ DuVergne Smith, Nancy. "Billion Prices Project: Introducing Real-Time Economics". Retrieved 25 April 2011.
  5. ↑ Weisenthal, Joe. "Is MIT's Billion Prices Project Warning Of A Large Spike Up In The CPI?". Retrieved 25 April 2011.
  6. ↑ DuVergne Smith, Nancy. "Billion Prices Project: Introducing real-time economics". MIT. Retrieved 25 April 2011.

External links

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