1300 36 33 32
Subjective Well-Being and Social Media shows how, by exploiting the unprecedented amount of information provided by the social networking sites, it is possible to build new composite indicators of subjective well-being. These new social media indicators are complementary to official statistics and surveys, whose data are collected at very low temporary and geographical resolution.
The book also explains in full details how to solve the problem of selection bias coming from social media data. Mixing textual analysis, machine learning and time series analysis, the book also shows how to extract both the structural and the temporary components of subjective well-being.
Cross-country analysis confirms that well-being is a complex phenomenon that is governed by macroeconomic and health factors, ageing, temporary shocks and cultural and psychological aspects. As an example, the last part of the book focuses on the impact of the prolonged stress due to the COVID-19 pandemic on subjective well-being in both Japan and Italy. Through a data science approach, the results show that a consistent and persistent drop occurred throughout 2020 in the overall level of well-being in both countries.
The methodology presented in this book:
The book comes also with replication R scripts and data.
Stefano M. Iacus is full professor of Statistics at the University of Milan, on leave at the Joint Research Centre of the European Commission. Former R-core member (1999-2017) and R Foundation Member.
Giuseppe Porro is full professor of Economic Policy at the University of Insubria.
An earlier version of this project was awarded the Italian Institute of Statistics-Google prize for "official statistics and big data".
Buy Subjective Well-Being and Social Media by Stefano M. Iacus from Australia's Online Independent Bookstore, Boomerang Books.
Book DetailsISBN: 9781138393929
» Have you read this book? We'd like to know what you think about it - write a review about Subjective Well-Being and Social Media book by Stefano M. Iacus and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)
© 2003-2021. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687