For more than 40 years, The Wall Street Journal’s Economic Forecasting Survey has helped readers better understand the ...
The field of economic models and forecasting encompasses the development and application of theoretical, empirical and computational frameworks to predict future economic outcomes. These models range ...
Sweden’s central bank, the Riksbank, is embracing a transformative shift in economic forecasting, as recent findings from its Monetary Policy Department reveal that artificial intelligence (AI)-based ...
Domenico Giannone, an internationally recognized thought leader in econometrics and macroeconomic forecasting, is searching for innovative methods to better understand the complexities of global ...
Forbes contributors publish independent expert analyses and insights. Quantitative Finance Program Director, at Stevens Inst. of Technology This is not a new diagnosis. There is today a hapless ...
Structural economic models, while parsimonious and interpretable, often exhibit poor data fit and limited forecasting performance. Machine learning models, by contrast, offer substantial flexibility ...
Dr Yves R. Sagaert emphasizes the importance of organizations shifting away from traditional static budgeting, which relies ...
ATLANTA — The Federal Reserve Bank of Atlanta's GDPNow model published a final projection for GDP growth in the first quarter of 2025 on Tuesday at -2.7%. The forecast comes ahead of Wednesday's ...
AI models can process thousands of factors simultaneously, including demand signals across multiple items, macroeconomic ...
Few industries are so sensitive to the whims of the economy as construction. Supply chain disruptions, labor shortages, inflation and regulation have left many businesses feeling as though they just ...