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Can Google data help predict French youth unemployment?

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  • Fondeur, Y.
  • Karamé, F.

Abstract

According to the growing “Google econometrics” literature, Google queries may help predict economic activity. The aim of our paper is to test whether these data can enhance predictions of youth unemployment in France.

Suggested Citation

  • Fondeur, Y. & Karamé, F., 2013. "Can Google data help predict French youth unemployment?," Economic Modelling, Elsevier, vol. 30(C), pages 117-125.
    • Handle: RePEc:eee:ecmode:v:30:y:2013:i:c:p:117-125
    DOI: 10.1016/j.econmod.2012.07.017
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    More about this item

    Keywords

    Google econometrics; Forecasting; Nowcasting; Unemployment; Unobserved components; Diffuse initialization; Kalman filter; Univariate treatment of time series; Smoothing; Multivariate models;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications

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