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In this study, we analyzed the forecasting and nowcasting performance of a generalized regression neural network (GRNN). We provide evidence from Monte Carlo simulations for the relative forecast performance of GRNN depending on the data-generating process. We show that GRNN outperforms an...
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OLS models are the predominant choice for poverty predictions in a variety of contexts such as proxy-means tests …, poverty mapping or cross-survey imputations. This paper compares the performance of econometric and machine learning models in … predicting poverty using alternative objective functions and stochastic dominance analysis based on coverage curves. It finds …
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Poverty prediction models are used by economists to address missing data issues in a variety of contexts such as … poverty profiling, targeting with proxy-means tests, cross-survey imputations such as poverty mapping, or vulnerability … models to predict poverty under these different scenarios. It finds that the quality of predictions and the choice of the …
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