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In an era characterized by population aging and economic challenges in welfare states across the world, sustaining these welfare systems requires a large workforce. Many individuals outside the labor market aspire to work but encounter a labyrinth of obstacles. While Public Employment Services...
Persistent link: https://www.econbiz.de/10014431794
This paper applies machine learning to forecast business cycles in the German economy using a high-dimensional dataset with 73 indicators, primarily from the OECD Main Economic Indicator Database, covering a time period from 1973 to 2023. Sequential Floating Forward Selection (SFFS) is used to...
Persistent link: https://www.econbiz.de/10015064177
For several decades, demographic forecasts had predicted that the majority of Germany's cities and rural areas would experience population decline in the early 21st century. Instead, recent trends show a growing population size in three out of every four German districts. As a result, there are...
Persistent link: https://www.econbiz.de/10012198979
Background: Statutory health insurers in Germany offer a variety of disease management, prevention and health promotion programs to their insurees. Identifying patients with a high probability of leaving these programs prematurely helps insurers to offer better support to those at the highest...
Persistent link: https://www.econbiz.de/10012659130
Financial crises cause economic, social and political havoc. Macroprudential policies are gaining traction but are still severely under-researched compared to monetary policy and fiscal policy. We use the general framework of sequential predictions also called online machine learning to forecast...
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Although Machine Learning (ML) in supply chain management (SCM) has become a popular topic, predictive uses of ML in SCM remain an understudied area. A specific area that needs further attention is the prediction of late deliveries by suppliers. Recent approaches showed promising results but...
Persistent link: https://www.econbiz.de/10014516298