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Econometric models, in the estimation of real estate prices, are a useful and realistic approach for buyers and for …
Persistent link: https://www.econbiz.de/10011307187
Econometric models, in the estimation of real estate prices, are a useful and realistic approach for buyers and for …
Persistent link: https://www.econbiz.de/10010665024
Managing inflation is vital for a stable economy, but forecasting remains challenging. ML methods, like neural networks, have shown promise in forecasting inflation and other macroeconomic variables. In this paper, I propose DPCNet, a deep multi-task learning model, to jointly forecast inflation...
Persistent link: https://www.econbiz.de/10014354498
Future market risk has always been a critical question in decision support processes. FORESIM is a simulation technique that models shipping markets (developed recently). In this paper we present the application of this technique in order to obtain useful information regarding future values of...
Persistent link: https://www.econbiz.de/10011661763
This paper analyses inflation forecasting power of artificial neural networks with alternative univariate time series models for Turkey. The forecasting accuracy of the models is compared in terms of both static and dynamic forecasts for the period between 1982:1 and 2009:12. We find that at...
Persistent link: https://www.econbiz.de/10009125642
Economists typically make simplifying assumptions to make the solution and estimation of their highly complex models … predictions of the model. We leverage the recent advancements in machine learning to develop a solution and estimation method … method is much more efficient than existing global solution methods and that the estimation converges to the true parameter …
Persistent link: https://www.econbiz.de/10013257224
building are parameter estimation and evaluation that are also briefly considered. There are two possibilities of generating …
Persistent link: https://www.econbiz.de/10014023698
We develop a regime switching vector autoregression where artificial neural networks drive time variation in the coefficients of the conditional mean of the endogenous variables and the variance covariance matrix of the disturbances. The model is equipped with a stability constraint to ensure...
Persistent link: https://www.econbiz.de/10012668293
The back-propagation neural network (BPN) model has been the most popular form of artificial neural network model used for forecasting, particularly in economics and finance. It is a static (feed-forward) model which has a learning process in both hidden and output layers. In this paper, we...
Persistent link: https://www.econbiz.de/10014217731
Artificial neural network modeling has recently attracted much attention as a new technique for estimation and …
Persistent link: https://www.econbiz.de/10014217738