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This article analyzes artificial neural networks (ANNs) as a method to compute employment forecasts at a regional level. The empirical application is based on employment data collected for 327West German regionsover a periodof fourteenyears. First, the authors compare ANNs to models commonly...
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This paper develops and applies neural network (NN) models to forecast regional employment patterns in Germany. Computer-aided optimization tools that imitate natural biological evolution to find the solution that best fits the given case (namely, genetic algorithms, GAs) are also used to detect...
Persistent link: https://www.econbiz.de/10005456172
Using a panel of 439 German regions we evaluate and compare the performance of various Neural Network (NN) models as forecasting tools for regional employment growth. Because of relevant differences in data availability between the former East and West Germany, NN models are computed separately...
Persistent link: https://www.econbiz.de/10005556232
This paper develops a flexible multi-dimensional assessment method for the comparison of different statistical-econometric techniques based on learning mechanisms, with a view to analysing and forecasting regional labour markets. The aim of this paper is twofold. A first major objective is to...
Persistent link: https://www.econbiz.de/10005125575
The aim of this paper is to develop and apply Neural Network (NN) models in order to forecast regional employment patterns in Germany. NNs are statistical tools based on learning algorithms with a distribution over a large amount of quantitative data. NNs are increasingly deployed in the social...
Persistent link: https://www.econbiz.de/10005134566
Using a panel of 439 German regions, we evaluate and compare the performance of various Neural Network (NN) models as forecasting tools for regional employment growth. Because of relevant differences in data availability between the former East and West Germany, the NN models are computed...
Persistent link: https://www.econbiz.de/10010547790
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