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There are over 3 billion searches globally on Google every day. This report examines whether Google search queries can be used to predict the present and the near future unemployment rate in Finland. Predicting the present and the near future is of interest, as the official records of the state...
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Smooth-transition autoregressive (STAR) models have proven to be worthy competitors of Markov-switching models of regime shifts, but the assumption of a time-invariant threshold level does not seem realistic and it holds back this class of models from reaching their potential usefulness. Indeed,...
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This paper examines the dynamic relationship between economic indicators, law enforcement mechanisms, and property-related crimes in Mongolia using a time-series econometric approach. Relying on the theoretical frameworks of Becker’s economic model of crime and Cantor and Land’s...
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Remarks at Fordham University's Gabelli School of Business, Bronx, New York.
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Remarks before the Bronx Chamber of Commerce at the New York Botanical Garden, Bronx, New York.
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Remarks at the New Jersey Bankers Association Economic Forum, Iselin, New Jersey.
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Remarks before the Morris County Chamber of Commerce, Florham Park, New Jersey.
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