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We suggest the use of an Internet job-search indicator (the Google Index, GI) as the best leading indicator to predict … the US unemployment rate. We perform a deep out-of-sample forecasting comparison analyzing many models that adopt both our … in comparison with the Survey of Professional Forecasters. -- Google Econometrics ; Forecast Comparison ; Keyword Search …
Persistent link: https://www.econbiz.de/10008702857
The paper presents a case for a phased rolling out of direct benefits transfer (DBT) for Food in India. By studying all states and Union Territories on three broad parameters: demographics, performance of the existing Public Distribution System (PDS), and current state of banking infrastructure,...
Persistent link: https://www.econbiz.de/10011708293
In-kind transfers can provide insurance benefits when prices of consumption goods vary, as is common in developing countries. We develop a model demonstrating that in-kind transfers are welfare improving to beneficiaries relative to cash if the covariance between the marginal utility of income...
Persistent link: https://www.econbiz.de/10013331080
This paper presents a forecasting exercise that assesses the predictive potential of a daily price index based on …
Persistent link: https://www.econbiz.de/10011883796
their forecasting performance. Our findings reveal significant heterogeneity in ETM volatility patterns, which challenge …
Persistent link: https://www.econbiz.de/10015190309
Persistent link: https://www.econbiz.de/10013545821
real economy is state-dependent and financial indicators may turn out to be useful particularly in forecasting "tail …
Persistent link: https://www.econbiz.de/10010339756
This study estimates Climate Adjusted Total Factor Productivity (CATFP) for agriculture in Latin America and Caribbean (LAC) countries, while also providing comparisons with several regions of the world. Climatic variability is introduced in Stochastic Production Frontier (SPF) models by...
Persistent link: https://www.econbiz.de/10011339428
India's economic standing and its policy landscape have come a long way since the 1943 Bengal famine. History saw buffer stocking of food grains as a famine-combating tool. Today, apart from serving as an effective hedge in times of famines, such grain stocks are a conduit deployed by the...
Persistent link: https://www.econbiz.de/10010404643
The public distribution system (PDS) has been one of the main policy instruments of the Government of India (GoI) to provide food security to the people of this country, especially the vulnerable ones. The recently enacted National Food Security Act (NFSA), 2013, also relies heavily on it to...
Persistent link: https://www.econbiz.de/10010472572