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Macroeconomic uncertainty consists of three components: the unobservable, the heterogeneous and the "uncertain". We are unaware of exactly when economic agents perceive uncertainty and which type of uncertainty interests them. This paper introduces and outlines a way of conducting large-scale...
Persistent link: https://www.econbiz.de/10012110400
forecasting, nowcasting, detecting health issues and well-being, capturing the matching process in various parts of individual …
Persistent link: https://www.econbiz.de/10012114391
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...
Persistent link: https://www.econbiz.de/10012037651
In this report we document the ETLAnow project. ETLAnow is a model for forecasting with big data. At the moment, it …
Persistent link: https://www.econbiz.de/10012037674
This report examines whether Google search queries can be used to predict the present and the near future house prices in Finland. Compared to a simple benchmark model, Google searches improve the prediction of the present house price index by 7.5 % measured by mean absolute error. In addition,...
Persistent link: https://www.econbiz.de/10012037683
. Internet data can successfully be applied to a very wide range of human resource issues including forecasting (e.g. of …
Persistent link: https://www.econbiz.de/10010501260
. Internet data can successfully be applied to a very wide range of human resource issues including forecasting (e.g. of …
Persistent link: https://www.econbiz.de/10010489607
Persistent link: https://www.econbiz.de/10012802863
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 … number of new mortgage approvals and markedly improve their nowcasting and forecasting performance. …
Persistent link: https://www.econbiz.de/10012030090
Persistent link: https://www.econbiz.de/10011946875