Machine Learning for GDP
Ridge, elastic net, and SVR machine learning algorithms are the most effective for nowcasting GDP, outperforming other methods by up to 28% in out-of-sample RMSE.
Featured in No. 54 on 20 Jun 2024 · on release day
- Released
- 20 Jun 2024
- First featured
- No. 54 · 20 Jun 2024
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 21
- Identifier
- RePEc:snb:snbwpa:2024-06
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