Deus ex Machina? : A Framework for Macro Forecasting with Machine Learning /

We develop a framework to nowcast (and forecast) economic variables with machine learning techniques. We explain how machine learning methods can address common shortcomings of traditional OLS-based models and use several machine learning models to predict real output growth with lower forecast erro...

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Hlavní autor: Bolhuis, Marijn
Další autoři: Rayner, Brett
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2020.
Edice:IMF Working Papers; Working Paper ; No. 2020/045
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On-line přístup:Full text available on IMF