Abstract: The current econometric models have the disadvantages of low prediction accuracy and poor model fitting effect. To solve these problems, this study combines Markov chain Monte Carlo ...

Learn how the Least Squares Criterion determines the line of best fit for data analysis, enhancing predictive accuracy in finance, economics, and investing.

Discover how multivariate models use multiple variables for investment forecasting, risk analysis, and decision-making in ...

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 ...

ABSTRACT: The objective of this research is to analyze the effect of fintech on the living conditions of households in the WAEMU zone based on the principles of spatial econometrics. Our study covers ...