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...

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Bibliographic Details
Main Authors: Dong, Xiaowen (Author), Jahani, Eaman (Author), Morales, Alfredo J. (Author), Bozkaya, Burçin (Author), Lepri, Bruno (Author), Pentland, Alex (Author)
Format: Article
Language:English
Published: The World Bank Economic Review, 2021-03-30T16:07:01Z.
Subjects:
Online Access:Get fulltext
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100 1 0 |a Dong, Xiaowen  |e author 
700 1 0 |a Jahani, Eaman  |e author 
700 1 0 |a Morales, Alfredo J.  |e author 
700 1 0 |a Bozkaya, Burçin  |e author 
700 1 0 |a Lepri, Bruno  |e author 
700 1 0 |a Pentland, Alex  |e author 
245 0 0 |a Purchase Patterns, Socioeconomic Status, and Political Inclination 
260 |b The World Bank Economic Review,   |c 2021-03-30T16:07:01Z. 
856 |z Get fulltext  |u https://hdl.handle.net/1721.1/130281 
520 |a 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. 
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655 7 |a Article