Showing 1 - 10 of 20,668
Predictions of the individual unemployment duration will allow to distribute target support while searching for a job … more effectively. The paper uses survival models to predict the unemployment duration based on data from Russian employment … well as the job search duration. Two models' forecasts are investigated: the proportional and the non-proportional hazards …
Persistent link: https://www.econbiz.de/10015396287
monetary policy. It covers several major macro-economic quantities, including unemployment rate, GDP, and weekly payrolls in … natural rate of unemployment and GDP growth comes out of the model naturally. An optimization framework is proposed to … first-order analytic solution is derived. We find that FED's interest rate policy has leaned heavily on the unemployment …
Persistent link: https://www.econbiz.de/10012866359
This paper studies the predictability of long-term unemployment (LTU) and analyzes its main determinants using rich … unemployed. Applying our prediction algorithm over the unemployment spell, we show that dynamic selection into LTU explains at …. Finally, we evaluate the implications of our findings for the value of targeting unemployment policies and how these change …
Persistent link: https://www.econbiz.de/10013547704
predict unemployment in Spain. We include a new predictor for Spanish unemployment based on internet information provided by … queries and unemployment. Besides that, the inclusion of internet activity enhances model's prediction performance …
Persistent link: https://www.econbiz.de/10012868954
In this paper we study international linkages when forecasting unemployment rates in a sample of 24 OECD economies. We … propose a Global Unemployment Factor (GUF) and test its predictive ability considering in-sample and out-of-sample exercises … information to predict domestic unemployment rates, at least for these last seven countries …
Persistent link: https://www.econbiz.de/10012845239
This paper studies the predictability of long-term unemployment (LTU) and analyzes its main determinants using rich … unemployed. Applying our prediction algorithm over the unemployment spell, we show that dynamic selection into LTU explains at …. Finally, we evaluate the implications of our findings for the value of targeting unemployment policies and how these change …
Persistent link: https://www.econbiz.de/10014257170
policy mix of unemployment insurance agencies. We analyze unique data on three sources of information on the probability of … re-employment within 6 months (RE6), for the same individuals sampled from the inflow into unemployment. First, they were …
Persistent link: https://www.econbiz.de/10014338662
the same individuals sampled from the inflow into unemployment. First, they were asked for their perceived probability of …
Persistent link: https://www.econbiz.de/10014438589
successfully utilized for macroeconomic predictions. Specifically, we study unemployment rates and their interconnection with job …-related searches. We show that Google searches enhance nowcasting models of unemployment rates for the Czech Republic and Hungary …
Persistent link: https://www.econbiz.de/10010499586
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 - Austria; Belgium … predict changes in the unemployment rate 12 months in advance based on individuals' fears of unemployment, their perceptions …
Persistent link: https://www.econbiz.de/10012610842