The flexibility of neural networks to handle complex data patterns of economic variables is well known. In this survey we present a brief introduction to a neural network and focus on two aspects of its flexibility . First, a neural network is used to recover the dynamic properties of a...

The flexibility of neural networks to handle complex data patterns of economic variables is well known. In this survey we present a brief introduction to a neural network and focus on two aspects of its flexibility . First, a neural network is used to recover the dynamic properties of a...

Using annual data on real Gross Domestic Product per capita of seventeen industrialized nations in the twentieth century the empirical relevance of shocks, trends and cycles is investigated. A class of neural network models is specified as an extension of the class of vector autoregressive...