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Machine Learning for Economic Recession Forecasting by Vedanta Bhattacharya is a document available to read on EtoBox.

What is Machine Learning for Economic Recession Forecasting about?

The document discusses the use of machine learning techniques to forecast economic recessions, focusing on the Chicago Federation National Activity Index (CFNAI) and various economic indicators. It highlights the challenges of predicting recessions and the importance of accurate forecasting for policymakers, utilizing datasets from March 1967 to June 2022. The study demonstrates that machine learning models can achieve high accuracy in predicting recession probabilities, with scaled models performing better

Author

Vedanta Bhattacharya

Language

EN