000 01377cam a2200157 4500500
005 20260329002941.0
041 _afre
042 _adc
100 1 0 _aBureau, Dominique
_eauthor
245 0 0 _aIntroduction
260 _c2005.
500 _a44
520 _aThis research paper explores the role of unemployment in improving gross domestic product (GDP) growth forecasting reliability by using vector autoregressive (VAR) models, with a particular focus on mixed frequency Bayesian VAR (MF-BVAR) models. It also examines how key economic variables, which are largely employed by central banks, are included, such as GDP, money supply (M1), inflation, short-term interest rates, and unemployment. By incorporating unemployment data, the study aims to improve the accuracy of GDP forecasts. The findings highlight the significant impact of unemployment on economic indicators and the overall accuracy of the forecasting models. This research contributes to economic forecasting literature by demonstrating the value of considering labor market dynamics in predictive models and offers valuable insights for policymakers and economists. JEL classification: C53, E24, E58.
786 0 _nEconomie & prévision | o 167 | 1 | 2005-03-01 | p. 1-2 | 0249-4744
856 4 1 _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2005-1-page-1?lang=en&redirect-ssocas=7080
999 _c1819927
_d1819927