Dynamic equilibrium models are specifted to track time series with unit root-like behavior. Thus, unit roots are typically introduced and the optimality conditions adjusted. This step requires tedious algebra and often leads to algebraic mistakes, especially in models with several unit roots. We...

Financial data sets are growing too fast and need to be analyzed. Data science has many different techniques to store and summarize, mining, running simulations and finally analyzing them. Among data science methods, predictive methods play a critical role in analyzing financial data sets. In...