Beckmann, Lars; Debener, Jörn; Kriebel, Johannes - In: Journal of Business Economics 93 (2023) 9, pp. 1553-1590
Recent empirical evidence indicates that bond excess returns can be predicted using machine learning models. However …, although the predictive power of machine learning models is intriguing, they typically lack transparency. This paper introduces … produced by machine learning models and recognizes how these determinants relate to bond excess returns. This approach …