Paper by Scott R. Baker & Lorenz Kueng: “The growth of the availability and use of detailed household financial transaction microdata has dramatically expanded the ability of researchers to understand both household decision-making as well as aggregate fluctuations across a wide range of fields. This class of transaction data is derived from a myriad of sources including financial institutions, FinTech apps, and payment intermediaries. We review how these detailed data have been utilized in finance and economics research and the benefits they enable beyond more traditional measures of income, spending, and wealth. We discuss the future potential for this flexible class of data in firm-focused research, real-time policy analysis, and macro statistics….(More)”.
How to contribute:
Did you come across – or create – a compelling project/report/book/app at the leading edge of innovation in governance?
Share it with us at info@thelivinglib.org so that we can add it to the Collection!
About the Curator
Get the latest news right in your inbox
Subscribe to curated findings and actionable knowledge from The Living Library, delivered to your inbox every Friday
Related articles
DATA
Social Media Data for Population Mapping: A Bayesian Approach to Address Representativeness and Privacy Challenges
Posted in February 9, 2026 by Stefaan Verhulst
artificial intelligence, DATA
The Last Human Job: Seeing Each Other in an Age of Automation
Posted in February 6, 2026 by Stefaan Verhulst
artificial intelligence, DATA
Using Artificial Intelligence in the Grantmaking Process
Posted in February 4, 2026 by Stefaan Verhulst