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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...
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by 7.5 % measured by mean absolute error. In addition, search queries improve the forecast of near future house prices …
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different forecasting models for private consumption. The first part of the paper focuses on the aggregate consumption. The … forecasting models for the components of private consumption. Private consumption can be divided by the duration principle or by …
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