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20-078/III - Dynamic Factor Models with Clustered Loadings: Forecasting Education Flows using Unemployment Data

  • Authors
    Francisco Blasques, Vrije Universiteit Amsterdam; Meindert Heres Hoogerkamp, Dutch Ministry of Education, Culture and Science; Siem Jan Koopman, Vrije Universiteit Amsterdam; Ilka van de Werve, Vrije Universiteit Amsterdam
  • Publication date
    November 17, 2020
  • Keywords
    Dynamic Factor Models, Cluster Analysis, Forecasting, Education, Unemployment
  • JEL
    I25, C38, C53