Showing 1 - 10 of 13,626
state-level initial unemployment insurance claims, changes in the unemployment rate, and changes in private employment. The …
Persistent link: https://www.econbiz.de/10012842419
In this paper we study international linkages when forecasting unemployment rates in a sample of 24 OECD economies. We … propose a Global Unemployment Factor (GUF) and test its predictive ability considering in-sample and out-of-sample exercises … information to predict domestic unemployment rates, at least for these last seven countries …
Persistent link: https://www.econbiz.de/10012845239
Unemployment is notoriously difficult to predict. In previous studies, once country and year fixed effects are added to … panel estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries collected … just over 10000 observations, we predict changes in the unemployment rate 12 months ahead. We do so using individuals …
Persistent link: https://www.econbiz.de/10013540387
successfully utilized for macroeconomic predictions. Specifically, we study unemployment rates and their interconnection with job …-related searches. We show that Google searches enhance nowcasting models of unemployment rates for the Czech Republic and Hungary …
Persistent link: https://www.econbiz.de/10010499586
In this paper we evaluate whether the accuracy of Finnish unemployment rate forecasts can be improved by utilising the … information in the flows into and out of unemployment. We compare and contrast different methodologies for constructing the flows …
Persistent link: https://www.econbiz.de/10014574000
unemployment flows to forecast the unemployment rate. We pay particular attention to flows-based approaches - the more reduced … unemployment flows are useful in forecasting the unemployment rate. We find that any approach that considers unemployment inflow …. Its usefulness is amplified at specific points in the business cycle when the unemployment rate is away from the longer …
Persistent link: https://www.econbiz.de/10010484066
unemployment flows to forecast the unemployment rate. We pay particular attention to flows-based approaches – the more reduced … unemployment flows are useful in forecasting the unemployment rate. We find that any approach that considers unemployment inflow …. Its usefulness is amplified at specific points in the business cycle when the unemployment rate is away from the longer …
Persistent link: https://www.econbiz.de/10013025364
unemployment flows to forecast the unemployment rate. We pay particular attention to flows-based approaches — the more reduced … unemployment flows is useful in forecasting the unemployment rate. We find that any approach that leverages unemployment inflow and … usefulness is amplified at specific points in the business cycle when unemployment rate is away from the longer-run natural rate …
Persistent link: https://www.econbiz.de/10013027931
predict unemployment in Spain. We include a new predictor for Spanish unemployment based on internet information provided by … queries and unemployment. Besides that, the inclusion of internet activity enhances model's prediction performance …
Persistent link: https://www.econbiz.de/10012868954
We provide a general framework to consider the effects of algorithmic demand and supply prediction in matching … matching platforms by facilitating more flexible wage setting and pricing. The effects on labor welfare and consumer surplus …
Persistent link: https://www.econbiz.de/10014350609