Google Econometrics and Unemployment Forecasting
The current economic crisis requires fast information to predict economic behavior early, which is difficult at times of structural changes. This paper suggests an innovative new method of using data on internet activity for that purpose. It demonstrates strong correlations between keyword searches and unemployment rates using monthly German data and exhibits a strong potential for the method used.
|Date of creation:||2009|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.ratswd.de/eng/index.html|
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Engle, Robert F & Granger, Clive W J, 1987.
"Co-integration and Error Correction: Representation, Estimation, and Testing,"
Econometric Society, vol. 55(2), pages 251-76, March.
- Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 39(3), pages 106-135.
- Amelie Constant & Klaus F. Zimmermann, 2008. "Im Angesicht der Krise: US-Präsidentschaftswahlen in transnationaler Sicht," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 75(44), pages 688-701.
When requesting a correction, please mention this item's handle: RePEc:rsw:rswrns:rswrns41. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (RatSWD)
If references are entirely missing, you can add them using this form.