Are Machine Learning (ML) algorithms superior to traditional econometric models for GDP nowcasting in a time series setting? Based on our evaluation of all models from both classes ever used in ...
Forbes contributors publish independent expert analyses and insights. Ingmar Rentzhog is the CEO and founder of We Don’t Have Time. An actuary uses mathematics, statistics, and financial theory to ...
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Government shutdown blocks key GDP data release – what do the Fed's models say about economic growth?
The ongoing government shutdown delayed the release of the Commerce Department's initial estimate of the third-quarter gross domestic product (GDP), as other data sources suggest solid economic growth ...
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