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The Billion Prices Project

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Visit this site: http://bpp.mit.edu/

Author:Roberto Rigobon and Alberto Cavallo, Sloan School of Management, Massachusetts Institute of Technology
Description: The Billion Prices Project monitors the daily price fluctuations of millions of items sold by hundreds of online retailers in more than 70 countries. The Billion Prices Project (BPP) then uses those data to conduct economic research into pricing and sales behavior; asset prices, inflation, and real exchange rate; pass through (how much do prices adjust internally with changes to the exchange rate, or the international price of commodities?); and green markups (what premium is paid in stores for "environmentally friendly" or "organic" products?). BPP freely offers inflation maps and indexes of real-time information on major inflation trends; in particular, graphs of daily online price indices, monthly inflation, or annual inflation of over a dozen countries. Read BPP's methodology, research, and blog postings that date back to November, 2010.

Levels: High School (9-12), College
Languages: English
Resource Types: Graphics, Research Centers, Web Interactive/Java
Math Topics: Data Analysis, Data Sets, Mathematics of Investment/Finance

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