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The research and development (R&D) phase is essential for fostering innovation and aligns with long-term strategies in both public and private sectors. This study addresses two primary research questions: (1) assessing the relationship…

Econometrics · Economics 2024-11-14 Davit Gondauri , Ekaterine Mikautadze

Machine learning plays an essential role in preventing financial losses in the banking industry. Perhaps the most pertinent prediction task that can result in billions of dollars in losses each year is the assessment of credit risk (i.e.,…

Risk Management · Quantitative Finance 2021-01-01 Jillian M. Clements , Di Xu , Nooshin Yousefi , Dmitry Efimov

There has been a long-running debate in Information Technology (IT) and economics literature about the contrary arguments of IT concerning digitalization and the economic growth of nations. While many empirical studies have shown a…

Computers and Society · Computer Science 2022-12-07 Mahikala Niranga , Darshana Sedera , Golam Sorwar

Deep learning has demonstrated the power of detailed modeling of complex high-order (multivariate) interactions in data. For some learning tasks there is power in learning models that are not only Deep but also Broad. By Broad, we mean…

Machine Learning · Computer Science 2015-09-07 Nayyar A. Zaidi , Geoffrey I. Webb , Mark J. Carman , Francois Petitjean

Deep learning models have revolutionized various fields, from image recognition to natural language processing, by achieving unprecedented levels of accuracy. However, their increasing energy consumption has raised concerns about their…

Machine Learning · Computer Science 2024-09-18 Shreyank N Gowda , Xinyue Hao , Gen Li , Shashank Narayana Gowda , Xiaobo Jin , Laura Sevilla-Lara

The paper studies the nowcasting of Euro area Gross Domestic Product (GDP) growth using mixed data sampling machine learning panel data regressions with both standard macro releases and daily news data. Using a panel of 19 Euro area…

Econometrics · Economics 2025-09-30 Andrii Babii , Luca Barbaglia , Eric Ghysels , Jonas Striaukas

The growing instability of both global and domestic economic environments has increased the risk of financial distress at the household level. However, traditional econometric models often rely on delayed and aggregated data, limiting their…

This paper aims to study the impact of public and private investments on the economic growth of developing countries. The study uses the panel data of 39 developing countries covering the periods 1990-2019. The study was based on the…

General Economics · Economics 2021-06-01 Faruque Ahamed

Drought is a serious natural disaster that has a long duration and a wide range of influence. To decrease the drought-caused losses, drought prediction is the basis of making the corresponding drought prevention and disaster reduction…

Machine Learning · Computer Science 2022-07-08 Weiwei Jiang , Jiayun Luo

Probabilistic forecasts are essential for various downstream applications such as business development, traffic planning, and electrical grid balancing. Many of these probabilistic forecasts are performed on time series data that contain…

Machine Learning · Computer Science 2023-02-07 Benedikt Heidrich , Kaleb Phipps , Oliver Neumann , Marian Turowski , Ralf Mikut , Veit Hagenmeyer

It is crucial today that economies harness renewable energies and integrate them into the existing grid. Conventionally, energy has been generated based on forecasts of peak and low demands. Renewable energy can neither be produced on…

Signal Processing · Electrical Eng. & Systems 2019-10-02 Alexey Györi , Mathis Niederau , Violett Zeller , Volker Stich

Deep learning revolutionized data science, and recently its popularity has grown exponentially, as did the amount of papers employing deep networks. Vision tasks, such as human pose estimation, did not escape from this trend. There is a…

Computer Vision and Pattern Recognition · Computer Science 2020-09-25 Stéphane Lathuilière , Pablo Mesejo , Xavier Alameda-Pineda , Radu Horaud

Cryptocurrencies, as decentralized digital assets, have experienced rapid growth and adoption, with over 23,000 cryptocurrencies and a market capitalization nearing \$1.1 trillion (about \$3,400 per person in the US) as of 2023. This…

Machine Learning · Computer Science 2024-10-21 Jannatun Nayeem Pinky , Ramya Akula

Deep learning is a form of machine learning for nonlinear high dimensional pattern matching and prediction. By taking a Bayesian probabilistic perspective, we provide a number of insights into more efficient algorithms for optimisation and…

Machine Learning · Statistics 2018-01-23 Nicholas Polson , Vadim Sokolov

The prediction of stock and foreign exchange (Forex) had always been a hot and profitable area of study. Deep learning application had proven to yields better accuracy and return in the field of financial prediction and forecasting. In this…

Statistical Finance · Quantitative Finance 2021-03-18 Zexin Hu , Yiqi Zhao , Matloob Khushi

Economic growth results from countries' accumulation of organizational and technological capabilities. The Economic and Product Complexity Indices, introduced as an attempt to measure these capabilities from a country's basket of exported…

General Economics · Economics 2024-06-25 Carlo Bottai , Jacopo Di Iorio , Martina Iori

By trade we usually mean the exchange of goods between states and countries. International trade acts as a barometer of the economic prosperity index and every country is overly dependent on resources, so international trade is essential.…

Decision analytics commonly focuses on the text mining of financial news sources in order to provide managerial decision support and to predict stock market movements. Existing predictive frameworks almost exclusively apply traditional…

Machine Learning · Statistics 2018-07-05 Stefan Feuerriegel , Ralph Fehrer

Time series forecasting is a crucial task in machine learning, as it has a wide range of applications including but not limited to forecasting electricity consumption, traffic, and air quality. Traditional forecasting models rely on rolling…

Machine Learning · Computer Science 2021-10-22 Shereen Elsayed , Daniela Thyssens , Ahmed Rashed , Hadi Samer Jomaa , Lars Schmidt-Thieme

In recent decades, trade between nations has constituted an important component of global Gross Domestic Product (GDP), with official estimates showing that it likely accounted for a quarter of total global production. While evidence of…

General Economics · Economics 2022-11-24 Mayank Kejriwal , Yuesheng Luo