@inproceedings{min-zhao-2019-measure,
    title = "Measure Country-Level Socio-Economic Indicators with Streaming News: An Empirical Study",
    author = "Min, Bonan  and
      Zhao, Xiaoxi",
    editor = "Inui, Kentaro  and
      Jiang, Jing  and
      Ng, Vincent  and
      Wan, Xiaojun",
    booktitle = "Proceedings of the 2019 Conference on Empirical Methods in Natural Language Processing and the 9th International Joint Conference on Natural Language Processing (EMNLP-IJCNLP)",
    month = nov,
    year = "2019",
    address = "Hong Kong, China",
    publisher = "Association for Computational Linguistics",
    url = "https://preview.aclanthology.org/ingest-emnlp/D19-1121/",
    doi = "10.18653/v1/D19-1121",
    pages = "1249--1254",
    abstract = "Socio-economic conditions are difficult to measure. For example, the U.S. Bureau of Labor Statistics needs to conduct large-scale household surveys regularly to track the unemployment rate, an indicator widely used by economists and policymakers. We argue that events reported in streaming news can be used as ``micro-sensors'' for measuring socio-economic conditions. Similar to collecting surveys and then counting answers, it is possible to measure a socio-economic indicator by counting related events. In this paper, we propose Event-Centric Indicator Measure (ECIM), a novel approach to measure socio-economic indicators with events. We empirically demonstrate strong correlation between ECIM values to several representative indicators in socio-economic research."
}