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 ...

Introduction: Moving Beyond Predictive Accuracy  Prediction has been traditionally the backbone of applied data science. From ...

Stock markets are essential for households for wealth creation and for firms for raising financial resources for capacity ...

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 ...

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 ...

New analysis explains why Prosper’s macro forecasts often signal economic shifts weeks or months before prediction ...

CEO of Paul M. Wendee & Associates, LLC; Publisher of the Intrinsic Value Wealth Report Newsletter; Founder of the Value Driver Institute. To make sound business and investment decisions, business ...

Planning for the future has never been as vital — nor as daunting — as it is today. The past five years have demonstrated just how tumultuous the construction industry can be – from supply chain ...

Economic forecasts tend to be unreliable. The news is fast paced, and predictions can quickly grow stale. But there’s still something to be gained.

AI weather models have correctly predicted a 20-day monsoon stall in India affecting 38 million farmers, demonstrating ...