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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/10014574908
This paper presents a framework for quantifying uncertainty around point forecasts for GDP, inflation and house prices in Norway. The framework combines quantile regressions using a broad set of uncertainty indicators with a skewed t-distribution, allowing for time-variation and asymmetry in the...
Persistent link: https://www.econbiz.de/10014551740
This paper revisits the empirical relationship between unemployment and output, and its evolution following the … the European System of Central Banks (ESCB). First, the negative correlation between output and unemployment (Okun’s law …. Focusing on the euro area, the financial distress seems to have altered the dynamics of output and unemployment mainly at lower …
Persistent link: https://www.econbiz.de/10011606327
This report studies working time and competitiveness. The first part of the report compares working time in Finland to other European countries using working time data from Eurostat and provides a review of the economics literature on working time and employment. The second part of the report...
Persistent link: https://www.econbiz.de/10012604528
This paper analyses the challenges that high public debt and ageing populations pose to medium-term growth. First, macroeconometric model simulations suggest that medium-term growth can benefit from credible fiscal consolidation, partly through reductions in sovereign risk premia. Second, a...
Persistent link: https://www.econbiz.de/10011606317
technological shocks to productivity. Policy outcomes are tracked on overall output, unemployment, income and income distributions …
Persistent link: https://www.econbiz.de/10011410859
as a greater acceptance of technology can strengthen potential output permanently. By contrast, negative effects may … secular structural change will be on potential output. However, dangers are lurking in the acceleration of geopolitical …
Persistent link: https://www.econbiz.de/10012303765
be used to predict the present and the near future unemployment rate in Finland. Predicting the present and the near … information contained in Google search queries, the report compares a simple predictive model of unemployment to a model that … future unemployment 3 months ahead. Google search queries also tend to improve the prediction accuracy around turning points …
Persistent link: https://www.econbiz.de/10012037651
predicts the unemployment rate in the EU-28 countries using Google search data. This document is subject to updates as the …
Persistent link: https://www.econbiz.de/10012037674
, health care, long-term care and unemployment benefits, including payments from the Federal budget that are transferred to …
Persistent link: https://www.econbiz.de/10012289688