mewto is an R package that allows users to experiment with different thresholds for classification of prediction results in the case of binary classification problems and to interactively visualize model evaluation metrics, confusion matrices, the ROC and PR curves. It can also calculate the...

The Hodrick-Prescott filter is a technique commonly used to smooth macroeconomic data such as the GDP. It consists in separating short-term, cyclical movements in the data from the long-term trend. Although the HP filter has received numerous critiques, recent studies show that alternative...

Remittances have historically been a stable source of funding which has played a key role in the development efforts of many nations worldwide. As a consequence of the Covid crisis and the lockdown measures imposed to counteract the spread of the disease, the World Bank estimated a drop of 20%...

After the 2008 global financial crisis, the development of macroprudential instruments capable of reducing systemic risk was placed at the forefront of the Basel III implementation agenda. Central Banks worldwide sought to enhance their capabilities to monitor and prevent the accumulation of...