In this paper we survey the most recent advances in supervised machine learning and highdimensional models for time … predictive ability are brie y reviewed. Finally, we discuss application of machine learning in economics and finance and provide …

purpose. The accuracy of the deep learning approach is compared with machine learning methods based on shallow neural networks … learning approach is found to be accurate and robust, outperforming the other approaches in simulation tests. The main … advantage of the deep learning approach is that it is fully generic and can be applied to any SVJD model from which simulations …