Considering the recent debates regarding Brexit and the potential negative effects of immigrants on Italian labor market, the main aim of this paper is to assess the impact of immigrants from Italy on the labor market of this country using econometric techniques. Based on these results, one...

Considering the recent debates regarding Brexit and the potential negative effects of immigrants on Italian labor market, the main aim of this paper is to assess the impact of immigrants from Italy on the labor market of this country using econometric techniques. Based on these results, one...

We compare a number of data-rich prediction methods that are widely used in macroeconomic forecasting with a lesser known alternative: partial least squares (PLS) regression. In this method, linear, orthogonal combinations of a large number of predictor variables are constructed such that the...