We nowcast world trade using machine learning, distinguishing between tree-based methods (random forest, gradient boosting) and their regression-based counterparts …
D Bragoli, M Modugno - International Journal of Forecasting, 2017 - Elsevier
We propose a dynamic factor model for now-casting the growth rate of the quarterly real Canadian gross domestic product. We select a set of variables that are monitored by market …
I propose an econometric model to interpret the flow of macroeconomic data releases that are useful to assess the state of the Mexican economy. I estimate the relevance of both …
Globalization has led to huge increases in import volumes. Since imports fluctuate heavily over time, they are difficult to forecast and reliable leading indicators are needed. Our paper …
The term “nowcasting” is a contraction of the words “now” and “forecasting,” and it refers to the prediction of the very recent past, the present, and the very near future. This word has …
Explaining the dispersion of economy-wide fluctuations, national and global, has been long sought by economists. Short-and long-lived versions of economic fluctuations are …
This study contributes to research on the nonparametric evaluation of German trade forecasts. To this end, I compute random classification and regression forests to analyze the …
V Stamer - International Journal of Forecasting, 2024 - Elsevier
Global container ship movements may reliably predict trade flows. First, this paper provides the methodology to construct maritime shipping time series from a dataset comprising …
C Behrens - Applied Economics, 2020 - Taylor & Francis
ABSTRACT I analyse the joint efficiency of export and import forecasts by leading economic research institutes for the years 1970 to 2017 for Germany in a multivariate setting. To this …