eprintid: 3519
rev_number: 14
eprint_status: archive
userid: 6
dir: disk0/00/00/35/19
datestamp: 2016-07-19 09:42:52
lastmod: 2016-07-20 07:36:58
status_changed: 2016-07-19 09:42:52
type: monograph
metadata_visibility: show
creators_name: Biorci, Grazia
creators_name: Emina, Antonella
creators_name: Puliga, Michelangelo
creators_name: Sella, Lisa
creators_name: Vivaldo, Gianna
creators_id: 
creators_id: 
creators_id: michelangelo.puliga@imtlucca.it
creators_id: 
creators_id: gianna.vivaldo@imtlucca.it
title: Tweet-tales: moods of socio-economic crisis?
ispublished: pub
subjects: HB
subjects: HM
divisions: EIC
full_text_status: public
monograph_type: imt_eic_working_paper
keywords: Big data, social media, Twitter, hierarchical clustering, unemployment.
Jel codes: C4; C49; C55; C81; E24
abstract: The widespread adoption of highly interactive social media like Twitter, Facebook and other platforms allow users to communicate moods and opinions to their social network. Those platforms represent an unprecedented source of information about human habits and socio-economic interactions. Several new studies have started to exploit the potential of these big data as fingerprints of economic and social interactions.
The present analysis aims at exploring the informative power of indicators derived from social media activity, with the aim to trace some preliminary guidelines to investigate the eventual correspondence between social media indices and available labour market indicators at a territorial level. The study is based on a large dataset of about 4 million Italian-language tweets collected from October 2014 to December 2015, filtered by a set of specific keywords related to the labour market. With techniques from machine learning and user’s geolocalization, we were able to subset the tweets on specific topics in all Italian provinces. The corpus of tweets is then analyzed with linguistic tools and hierarchical clustering analysis. A comparison with traditional economic indicators suggests a strong need for further cleaning procedures, which are then developed in detail. As data from social networks are easy to obtain, this represents a very first attempt to evaluate their informative power in the Italian context, which is of potentially high importance in economic and social research.
date: 2016-07
date_type: published
number: 4
publisher: IMT School for Advanced Studies Lucca
pages: 12
institution: IMT School for Advanced Studies Lucca
issn: 2279-6894
citation:   Biorci, Grazia and Emina, Antonella and Puliga, Michelangelo and Sella, Lisa and Vivaldo, Gianna  Tweet-tales: moods of socio-economic crisis?  EIC working paper series  #4/2016    IMT School for Advanced Studies Lucca    ISSN 2279-6894.      
document_url: http://eprints.imtlucca.it/3519/1/EIC_WP_4_2016.pdf