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Artificial intelligence (AI) is one of the ground-breaking innovations of the 21st century that has accelerated the digitalization of societies. ChatGPT is a newer form of AI-based large language model that can generate complex texts that are almost indistinguishable from human-generated text....
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We develop a framework to nowcast (and forecast) economic variables with machine learning techniques. We explain how machine learning methods can address common shortcomings of traditional OLS-based models and use several machine learning models to predict real output growth with lower forecast...
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Boosting, and an Ensemble - alongside registry data on abortions in Spain from 2011-2019 to predict multiple abortions and … assess monetary savings through targeted interventions. We find that Random Forest and an Ensemble method are most effective … in the highest risk decile, capturing about 55% of cases, whereas linear models and Extreme Gradient Boosting excel in …
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regression trees, bagging, random forest, boosting machines and neural networks. Finally, we provide methodologies for analysing …
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