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Developments in Regional Labour Markets in Germany: a Comparative Analysis of the Forecasting Performance of Competing Statistical Models

Longhi, Simonetta and Nijkamp, Peter and Reggiani, Aura and Blien, Uwe (2005) 'Developments in Regional Labour Markets in Germany: a Comparative Analysis of the Forecasting Performance of Competing Statistical Models.' Australasian Journal of Regional Studies, 11 (2). pp. 175-196. ISSN 1324-0935

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Abstract

The aim of this paper is to forecast regional employment patterns in West German regions. After a brief exposition of key labour market issues, we propose Artificial Neural Network (ANN) techniques as a new tool to compute reliable short-term employment forecasts at a regional level. A variety of ANN models are developed and compared. Comparison with methods commonly applied to panel data, such as GMM (Generalised Method of Moments), confirms the ability of ANNs to capture complex data structures in a multi-regional context.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Social Sciences > Institute for Social and Economic Research
Depositing User: Jim Jamieson
Date Deposited: 05 Dec 2013 16:05
Last Modified: 05 Dec 2013 16:05
URI: http://repository.essex.ac.uk/id/eprint/7853

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