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Recent advancements in the fields of artificial intelligence and machine learning methods resulted in a significant increase of their popularity in the literature, including electricity price forecasting. Said methods cover a very broad…

Applications · Statistics 2020-08-19 Grzegorz Marcjasz , Jesus Lago , Rafał Weron

Deep convolutional neural networks (CNNs) have been shown to predict poverty and development indicators from satellite images with surprising accuracy. This paper presents a first attempt at analyzing the CNNs responses in detail and…

Computer Vision and Pattern Recognition · Computer Science 2023-12-04 Hamid Sarmadi , Thorsteinn Rögnvaldsson , Nils Roger Carlsson , Mattias Ohlsson , Ibrahim Wahab , Ola Hall

Literature highlighted that financial time series data pose significant challenges for accurate stock price prediction, because these data are characterized by noise and susceptibility to news; traditional statistical methodologies made…

Trading and Market Microstructure · Quantitative Finance 2024-09-27 V. Lanzetta

Demand forecasting in the online fashion industry is particularly amendable to global, data-driven forecasting models because of the industry's set of particular challenges. These include the volume of data, the irregularity, the high…

In this paper, we assess whether using non-linear dimension reduction techniques pays off for forecasting inflation in real-time. Several recent methods from the machine learning literature are adopted to map a large dimensional dataset…

Econometrics · Economics 2021-12-03 Niko Hauzenberger , Florian Huber , Karin Klieber

Management and efficient operations in critical infrastructure such as Smart Grids take huge advantage of accurate power load forecasting which, due to its nonlinear nature, remains a challenging task. Recently, deep learning has emerged in…

Machine Learning · Computer Science 2019-07-23 Alberto Gasparin , Slobodan Lukovic , Cesare Alippi

Neural networks have revolutionized many empirical fields, yet their application to financial time series forecasting remains controversial. In this study, we demonstrate that the conventional practice of estimating models locally in…

Econometrics · Economics 2025-02-21 Chen Liu , Minh-Ngoc Tran , Chao Wang , Richard Gerlach , Robert Kohn

Deep learning and big data algorithms have become widely used in industrial applications to optimize several tasks in many complex systems. Particularly, deep learning model for diagnosing and prognosing machinery health has leveraged…

Forecasting consumer price index (CPI) inflation is of paramount importance for both academics and policymakers at the central banks. This study introduces a filtered ensemble wavelet neural network (FEWNet) to forecast CPI inflation, which…

Econometrics · Economics 2025-02-18 Shovon Sengupta , Tanujit Chakraborty , Sunny Kumar Singh

Network traffic prediction is essential for automating modern network management. It is a difficult time series forecasting (TSF) problem that has been addressed by Deep Learning (DL) models due to their ability to capture complex patterns.…

Networking and Internet Architecture · Computer Science 2026-01-07 Eilaf MA Babai , Aalaa MA Babai , Koji Okamura

Financial time series prediction, especially with machine learning techniques, is an extensive field of study. In recent times, deep learning methods (especially time series analysis) have performed outstandingly for various industrial…

Machine Learning · Computer Science 2019-03-01 Sangyeon Kim , Myungjoo Kang

Time series forecasting is an important task in many fields ranging from supply chain management to weather forecasting. Recently, Transformer neural network architectures have shown promising results in forecasting on common time series…

Machine Learning · Computer Science 2024-08-08 Rares Cristian , Pavithra Harsha , Clemente Ocejo , Georgia Perakis , Brian Quanz , Ioannis Spantidakis , Hamza Zerhouni

The notion that an independent central bank reduces a country's inflation is a controversial hypothesis. To date, it has not been possible to satisfactorily answer this question because the complex macroeconomic structure that gives rise to…

Econometrics · Economics 2021-05-17 Philipp F. M. Baumann , Michael Schomaker , Enzo Rossi

Deep Neural Networks are able to solve many complex tasks with less engineering effort and better performance. However, these networks often use data for training and evaluation without investigating its representation, i.e.~the form of the…

Machine Learning · Computer Science 2021-11-18 Oliver Neumann , Nicole Ludwig , Marian Turowski , Benedikt Heidrich , Veit Hagenmeyer , Ralf Mikut

Multivariate time series prediction has applications in a wide variety of domains and is considered to be a very challenging task, especially when the variables have correlations and exhibit complex temporal patterns, such as seasonality…

Machine Learning · Computer Science 2020-01-07 Yuya Jeremy Ong , Mu Qiao , Divyesh Jadav

In this paper, we study mid-cap companies, i.e. publicly traded companies with less than US $10 billion in market capitalisation. Using a large dataset of US mid-cap companies observed over 30 years, we look to predict the default…

General Finance · Quantitative Finance 2024-05-13 Kamesh Korangi , Christophe Mues , Cristián Bravo

Mathematical reasoning is one of the most impressive achievements of human intellect but remains a formidable challenge for artificial intelligence systems. In this work we explore whether modern deep learning architectures can learn to…

Machine Learning · Computer Science 2022-07-07 Samuel Cognolato , Alberto Testolin

Consumer Debt has risen to be an important problem of modern societies, generating a lot of research in order to understand the nature of consumer indebtness, which so far its modelling has been carried out by statistical models. In this…

Computational Engineering, Finance, and Science · Computer Science 2014-09-04 Alexandros Ladas , Jonathan M. Garibaldi , Rodrigo Scarpel , Uwe Aickelin

This paper presents a novel approach to electricity price forecasting (EPF) using a pure Transformer model. As opposed to other alternatives, no other recurrent network is used in combination to the attention mechanism. Hence, showing that…

Machine Learning · Computer Science 2025-09-11 Oscar Llorente , Jose Portela

Traditional approaches to estimating beta in finance often involve rigid assumptions and fail to adequately capture beta dynamics, limiting their effectiveness in use cases like hedging. To address these limitations, we have developed a…

Statistical Finance · Quantitative Finance 2024-10-29 Yuxin Liu , Jimin Lin , Achintya Gopal