We propose the use of Google online search data for nowcasting and forecasting the number of food stamps recipients. We … perform a large out-of-sample forecasting exercise with almost 3000 competing models with forecast horizons up to 2 years … ahead, and we show that models including Google search data statistically outperform the competing models at all considered …

have been shown to improve forecasting models for various economic and financial series. In the aftermath of the global … financial crisis, modeling and forecasting mortgage demand and subsequent approvals have become a central issue in the banking … variables - with their extensions utilizing online searches on Google. We find that the extended models better explain the …

We suggest the use of an Internet job-search indicator (the Google Index, GI) as the best leading indicator to predict … the US unemployment rate. We perform a deep out-of-sample forecasting comparison analyzing many models that adopt both our … in comparison with the Survey of Professional Forecasters. -- Google Econometrics ; Forecast Comparison ; Keyword Search …

-cast of this leading indicator is desirable. We show that models including Google search queries now-cast and forecast better … to different specifications, the use of rolling or recursive windows and, in some cases, to the forecasting horizon …. Since Google queries information is free, our approach is a simple and inexpensive way to predict building permits in the …

We suggest the use of an Internet job-search indicator (the Google Index, GI) as the best leading indicator to predict … the US unemployment rate. We perform a deep out-of-sample forecasting comparison analyzing many models that adopt both our …

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 …

This study introduces a monthly coincident indicator for consumption in Germany based on Google Trends data on web …

pools, and use it to investigate the relative forecasting performance of dynamic stochastic general equilibrium (DSGE …