Showing 1 - 10 of 25,490
There are over 3 billion searches globally on Google every day. This report examines whether Google search queries can … information contained in Google search queries, the report compares a simple predictive model of unemployment to a model that … contains a variable, Google Index, formed from Google data. In addition, cross-correlation analysis and Granger-causality tests …
Persistent link: https://www.econbiz.de/10010987124
number of searches performed on Google relating to coal power plants and the prices of alternative fuels for electricity … with robustness checks considering alternative Google search keywords and the potential effects of the recession in the …
Persistent link: https://www.econbiz.de/10010793881
Empirical assessments of the forecasting power of spatial panel data econometric models are still scarcely available … test different forecasting horizons, in order to investigate the speed of deterioration of forecasting quality. We compare … appears to diminish as the forecasting horizon widens, eventually leading the SF model to being preferred for more distant …
Persistent link: https://www.econbiz.de/10010734921
, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to …
Persistent link: https://www.econbiz.de/10009647399
We suggest a theoretical basis for the comparative evaluation of forecasts. Instead of the general assumption that the data is generated from a stochastic model, we classify three stages of prediction experiments: pure non-stochastic prediction of given data, stochastic prediction of given data,...
Persistent link: https://www.econbiz.de/10005704195
This paper deals with the estimation of employment equations for Germany, which are to be used for forecasting and …, however, is affected by German reunification and relative factor prices no longer play a significant role. The forecasting …
Persistent link: https://www.econbiz.de/10005764576
This paper introduces state-uncertainty preferences into the Lucas (1982) economy, showing that this type of preferences helps to explain the exchange rate risk premium. Under these preferences we can distinguish between two factors driving the exchange rate risk premium: “macroeconomic...
Persistent link: https://www.econbiz.de/10005057524
procedure is illustrated by forecasting the German gross domestic product. …
Persistent link: https://www.econbiz.de/10005115648
The debate on the forecasting ability in economics of non-linear models has a long history, and the Great Recession … provides us with an opportunity for a re-assessment of the forecasting performance of several classes of non-linear models … some countries and/or variables appear to be more adapted to non-linear forecasting. …
Persistent link: https://www.econbiz.de/10010550857
for economic analysis and forecasting. This enormous volume of information, available in real time, can be handled by … analysts thanks to statistical tools such as “Google Insights for Search”, which allow trends in different areas of interest to … inflows to Spain (the Spanish tourist industry's main customers). The improvement in the forecasting provided by the short …
Persistent link: https://www.econbiz.de/10010684834