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There is a deep structural transformation going on In the Finnish electrical, electronics and IT services sector. The main reason is a major turning point in ICT due to diminishing production and employment in mobile telecom industry where large amount of high-skill jobs will disappear in the...
Persistent link: https://www.econbiz.de/10010326876
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
performance. The aim of this paper is to provide an overview on business cycle indicators and their use in economic forecasting …Business cycle indicators are variables which describe and forecast macroeconomic development, especially turning … characteristics of business cycle indicators, presents some widely known indicators as well as methods to evaluate indicator …
Persistent link: https://www.econbiz.de/10010285275
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