TY - RPRT AU - Askitas, Nikos AU - Zimmermann, Klaus F. TI - Google Econometrics and Unemployment Forecasting PY - 2009/Jun/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 4201 UR - https://www.iza.org/index.php/publications/dp4201 AB - 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. KW - unemployment KW - time-series analysis KW - internet KW - Google KW - keyword search KW - search engine KW - predictions ER -