Journal Article

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

By Simonetta Longhi, Peter Nijkamp, Aura Reggiani and Uwe Blien

Publication details

Publication date
Published in
Australasian Journal of Regional Studies
Volume
11
Pages
pp. 175–196
ISSN
13240935
http://www.anzrsai.org/index.pl?page=9

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.

Notes

No DOI Not held - ASL 2007 onwards.