Are Machine Learning (ML) algorithms superior to traditional econometric models for GDP nowcasting in a time series setting?
Abstract: In today’s digital era, where information flows seamlessly and is readily available and accessible. However, these information and communication systems are highly dependent on the ...
Abstract: The branch of mathematics known as “linear algebra” deals with vectors, matrices, and linear transformations. It is useful in a variety of disciplines, including computer science, physics, ...
“There are known knowns. There are known unknowns. But there are also unknown unknowns—things we do not yet realize we do not know.”—Donald Rumsfeld (2002) While modern machine learning (ML) ...