Purchase Patterns, Socioeconomic Status, and Political Inclination

This paper analyzes millions of credit card transaction records during several months for tens of thousands of individuals from two different countries. The study shows that, purchase patterns are strongly correlated with important societal indices such as socioeconomic status and political inclinat...

Full description

Bibliographic Details
Main Authors: Dong, Xiaowen, Jahani, Eaman, Morales, Alfredo J., Bozkaya, Burçin, Lepri, Bruno, Pentland, Alex ‘Sandy’
Format: Journal Article
Published: Published by Oxford University Press on behalf of the World Bank 2021
Subjects:
Online Access:http://hdl.handle.net/10986/36117
id okr-10986-36117
recordtype oai_dc
spelling okr-10986-361172021-08-17T14:21:30Z Purchase Patterns, Socioeconomic Status, and Political Inclination Dong, Xiaowen Jahani, Eaman Morales, Alfredo J. Bozkaya, Burçin Lepri, Bruno Pentland, Alex ‘Sandy’ PURCHASE PATTERNS SOCIOECONOMIC STATUS POLITICS DEVELOPMENT INDICATOR URBAN ECONOMICS This paper analyzes millions of credit card transaction records during several months for tens of thousands of individuals from two different countries. The study shows that, purchase patterns are strongly correlated with important societal indices such as socioeconomic status and political inclination. The results suggest the possibility of understanding and predicting the evolution of such societal indices from purchase behavioral patterns, potentially at high temporal and spatial resolutions. 2021-08-13T19:42:56Z 2021-08-13T19:42:56Z 2020-02 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/36117 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research Publications & Research :: Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic PURCHASE PATTERNS
SOCIOECONOMIC STATUS
POLITICS
DEVELOPMENT INDICATOR
URBAN ECONOMICS
spellingShingle PURCHASE PATTERNS
SOCIOECONOMIC STATUS
POLITICS
DEVELOPMENT INDICATOR
URBAN ECONOMICS
Dong, Xiaowen
Jahani, Eaman
Morales, Alfredo J.
Bozkaya, Burçin
Lepri, Bruno
Pentland, Alex ‘Sandy’
Purchase Patterns, Socioeconomic Status, and Political Inclination
description This paper analyzes millions of credit card transaction records during several months for tens of thousands of individuals from two different countries. The study shows that, purchase patterns are strongly correlated with important societal indices such as socioeconomic status and political inclination. The results suggest the possibility of understanding and predicting the evolution of such societal indices from purchase behavioral patterns, potentially at high temporal and spatial resolutions.
format Journal Article
author Dong, Xiaowen
Jahani, Eaman
Morales, Alfredo J.
Bozkaya, Burçin
Lepri, Bruno
Pentland, Alex ‘Sandy’
author_facet Dong, Xiaowen
Jahani, Eaman
Morales, Alfredo J.
Bozkaya, Burçin
Lepri, Bruno
Pentland, Alex ‘Sandy’
author_sort Dong, Xiaowen
title Purchase Patterns, Socioeconomic Status, and Political Inclination
title_short Purchase Patterns, Socioeconomic Status, and Political Inclination
title_full Purchase Patterns, Socioeconomic Status, and Political Inclination
title_fullStr Purchase Patterns, Socioeconomic Status, and Political Inclination
title_full_unstemmed Purchase Patterns, Socioeconomic Status, and Political Inclination
title_sort purchase patterns, socioeconomic status, and political inclination
publisher Published by Oxford University Press on behalf of the World Bank
publishDate 2021
url http://hdl.handle.net/10986/36117
_version_ 1764484506354450432