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Short-term analysts use many tools to forecast economic activity. Among these tools, estimating and, then, simulating univariate models is very common. Most of the time the series used for the variable of interest as well as for the regressors are last available releases. Except for the latter...
Persistent link: https://www.econbiz.de/10008466036
There are over 3 billion searches globally on Google every day. This report examines whether Google search queries can be used to predict the present and the near future unemployment rate in Finland. Predicting the present and the near future is of interest, as the official records of the state...
Persistent link: https://www.econbiz.de/10012037651
This report examines whether Google search queries can be used to predict the present and the near future house prices in Finland. Compared to a simple benchmark model, Google searches improve the prediction of the present house price index by 7.5 % measured by mean absolute error. In addition,...
Persistent link: https://www.econbiz.de/10012037683
The forecasting literature has identified three important and broad issues: the predictive content is unstable over … forecasting variables before use. We thus cut-out the low frequency components and show, in simulations and on financial data …
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L'objectif de cet article est d'analyser les inégalités régionales dans l'Union Européenne élargie à l'aide de l'Analyse Exploratoire des Données Spatiales appliquée aux PIB par tête des 258 régions de l'Europe des 27 sur la période 1995-2000. Les résultats montrent l'existence d'une...
Persistent link: https://www.econbiz.de/10005750954
L'objectif de cet article est d'introduire des externalités spatiales dans le modèle de croissance de Solow afin de tenir compte de l'interdépendance géographique des régions. Ces externalités sont générées par le stock de capital accumulé par les régions voisines. Par conséquent,...
Persistent link: https://www.econbiz.de/10005750960