SHS Web Conf.
Volume 73, 2020Innovative Economic Symposium 2019 – Potential of Eurasian Economic Union (IES2019)
|Number of page(s)||9|
|Section||Potential of the Eurasian Economic Union|
|Published online||13 January 2020|
Fuzzy Approach to Short-Term Youth Unemployment Forecast
The Institute of Technology and Business School of Expertness and Valuation Okružní 517/10, 37001, České Budějovice, Czech Republic
* Corresponding author: firstname.lastname@example.org
The practical output of the paper is the prediction of the percentage of the short-term youth unemployment in the following two consecutive years. For this purpose, the non-traditional fuzzy model of the relevant prediction task is formulated in its theoretical-methodological part, which is subsequently applied in the application part. By means of the exact tools of the fuzzy approach (fuzzy sets and inference rules for manipulation with them), the synergy, uncertainty and complexity of the values (terms) of vaguely defined linguistic variables of an economic-psychological nature represented by sets of selected macroeconomic indicators is reflected. Despite the fact that the results of the fuzzy prediction are not significantly different from the results of conventional statistical prediction, the demonstration of the approach of the case of knowledgeable expertise to the choice of the relevant fuzzy sets and the formulation of the set of inference rules can be considered as a secondary benefit.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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