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The present paper develops Adaptive Trees, a new machine learning approach specifically designed for economic … forecasting. Economic forecasting is made difficult by economic complexity, which implies non-linearities (multiple interactions … the algorithm in forecasting GDP growth 3- to 12-months ahead is assessed through simulations in pseudo-real-time for six …
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needed. Meaningful change requires the ability to learn from their own as well as from others' experience. But learning is …
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This paper develops an adaptive learning model under uncertainty that examines evolution of capital account polices …
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We develop a general equilibrium overlapping generations model which is based on the view that education makes workers more productive by increasing their ability to learn from work experience, rather than providing skills that directly increase productivity. One important implication of the...
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