Related papers: Echo State Networks for Time Series Forecasting: H…
Spatio-temporal data and processes are prevalent across a wide variety of scientific disciplines. These processes are often characterized by nonlinear time dynamics that include interactions across multiple scales of spatial and temporal…
Echo State Networks (ESNs) are recurrent neural networks that only train their output layer, thereby precluding the need to backpropagate gradients through time, which leads to significant computational gains. Nevertheless, a common issue…
At the heart of time-series forecasting (TSF) lies a fundamental challenge: how can models efficiently and effectively capture long-range temporal dependencies across ever-growing sequences? While deep learning has brought notable progress,…
Echo state networks (ESNs) are a powerful form of reservoir computing that only require training of linear output weights whilst the internal reservoir is formed of fixed randomly connected neurons. With a correctly scaled connectivity…
Spatio-temporal area-level datasets play a critical role in official statistics, providing valuable insights for policy-making and regional planning. Accurate modeling and forecasting of these datasets can be extremely useful for…
Long-lead forecasting for spatio-temporal systems can often entail complex nonlinear dynamics that are difficult to specify it a priori. Current statistical methodologies for modeling these processes are often highly parameterized and thus,…
Recurrent Neural Networks (RNN) have become competitive forecasting methods, as most notably shown in the winning method of the recent M4 competition. However, established statistical models such as ETS and ARIMA gain their popularity not…
Prediction based on Irregularly Sampled Time Series (ISTS) is of wide concern in the real-world applications. For more accurate prediction, the methods had better grasp more data characteristics. Different from ordinary time series, ISTS is…
Among the various architectures of Recurrent Neural Networks, Echo State Networks (ESNs) emerged due to their simplified and inexpensive training procedure. These networks are known to be sensitive to the setting of hyper-parameters, which…
This paper proposes a novel and interpretable recurrent neural-network structure using the echo-state network (ESN) paradigm for time-series prediction. While the traditional ESNs perform well for dynamical systems prediction, it needs a…
Echo State Networks (ESNs) are typically presented as efficient, readout-trained recurrent models, yet their dynamics and design are often guided by heuristics rather than first principles. We recast ESNs explicitly as state-space models…
An approach to the time-accurate prediction of chaotic solutions is by learning temporal patterns from data. Echo State Networks (ESNs), which are a class of Reservoir Computing, can accurately predict the chaotic dynamics well beyond the…
Forecasting stock and cryptocurrency prices is challenging due to high volatility and non-stationarity, influenced by factors like economic changes and market sentiment. Previous research shows that Echo State Networks (ESNs) can…
Echo state networks are powerful recurrent neural networks. However, they are often unstable and shaky, making the process of finding an good ESN for a specific dataset quite hard. Obtaining a superb accuracy by using the Echo State Network…
Many natural and physical processes can be understood by analyzing multiple system variables evolving, forming a multivariate time series. Predicting such time series is challenging due to the inherent noise and interdependencies among…
It is a widely accepted fact that data representations intervene noticeably in machine learning tools. The more they are well defined the better the performance results are. Feature extraction-based methods such as autoencoders are…
The goal of this paper is to investigate the theoretical properties, the training algorithm, and the predictive control applications of Echo State Networks (ESNs), a particular kind of Recurrent Neural Networks. First, a condition…
Macroeconomic forecasting has recently started embracing techniques that can deal with large-scale datasets and series with unequal release periods. MIxed-DAta Sampling (MIDAS) and Dynamic Factor Models (DFM) are the two main…
Echo State Networks (ESNs) are a reservoir computing framework widely used for nonlinear time-series prediction. However, despite their effectiveness, randomly initialized reservoirs often contain redundant nodes, leading to unnecessary…
The echo state network (ESN) is a special type of recurrent neural networks for processing the time-series dataset. However, limited by the strong correlation among sequential samples of the agent, ESN-based policy control algorithms are…