limited to short-term predictions, the value of Google data for forecasting purposes is episodic, and the improvements in …Data on Google searches help predict the unemployment rate in the U.S. But the predictive power of Google searches is … forecasting accuracy are only modest. The results, obtained by (pseudo) out-of-sample forecast comparison, are robust to a state …

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 …

as a pseudo real time forecasting exercise, i.e. due account is taken of the pattern of available monthly variables over …

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 …

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 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 …