Can the economy be as predictable as the weather? -- Forecasting GDP growth with machine learning
Arnab Chakrabarti, PhD, MFE
Research & Development Division
Hitachi America, Ltd.
There is an old joke that God created economists to make weathermen look good. Economists owe their notoriety to one task they are not very good at: forecasting. Notwithstanding its difficulty, predicting significan...