Title
Forecasting socioeconomic trends with cell phone records
Abstract
National Statistical Institutes typically hire large numbers of enumerators to carry out periodic surveys regarding the socioeconomic status of a society. Such approach suffers from two drawbacks:(i) the survey process is expensive, especially for emerging countries that struggle with their budgets and (ii) the socioeconomic indicators are computed ex-post i.e., after socioeconomic changes have already happened. We propose the use of human behavioral patterns computed from calling records to predict future values of socioeconomic indicators. Our objective is to help institutions be able to forecast socioeconomic changes before they happen while reducing the number of surveys they need to compute. For that purpose, we explore a battery of different predictive approaches for time series and show that multivariate time-series models yield R-square values of up to 0.65 for certain socioeconomic indicators.
Year
DOI
Venue
2013
10.1145/2442882.2442902
ACM DEV (3)
Keywords
Field
DocType
different predictive approach,r-square value,socioeconomic status,socioeconomic indicator,human behavioral pattern,forecasting socioeconomic trend,large number,national statistical institutes,cell phone record,socioeconomic change,certain socioeconomic indicator,future value,behavioral patterns
Data mining,Behavioral pattern,Multivariate statistics,Computer science,Emerging markets,Phone,Socioeconomic status
Conference
Citations 
PageRank 
References 
11
0.59
6
Authors
4
Name
Order
Citations
PageRank
Vanessa Frias-Martinez121317.79
Cristina Soguero-Ruiz26512.73
Enrique Frias-Martinez323817.11
Malvina Josephidou4110.59