Blanchflower, David G.; Bryson, Alex - National Bureau of Economic Research - 2021
Unemployment is notoriously difficult to predict. In previous studies, once country fixed effects are added to panel … estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries over 439 months … unemployment rate 12 months in advance based on individuals' fears of unemployment, their perceptions of the economic situation and …
