Discover how economists' assumptions shape economic models, affecting predictions about consumer behavior, resource ...

Structural economic models, while parsimonious and interpretable, often exhibit poor data fit and limited forecasting performance. Machine learning models, by contrast, offer substantial flexibility ...

Economic Model Predictive Control (EMPC) represents an evolution of traditional control strategies, where the primary objective is to directly optimise an economic cost function rather than merely ...

Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...

The field of economic models and forecasting encompasses the development and application of theoretical, empirical and computational frameworks to predict future economic outcomes. These models range ...

The ongoing revolution in artificial intelligence, especially deep learning, is transforming research across many fields, including economics. Its impact is particularly strong in solving equilibrium ...

Plastic is now becoming as much of a problem as it has been a solution. Some say the global plastic waste crisis has reached a critical tipping point, that the oceans are swimming with microplastics, ...

We all want an America where hard work pays, families thrive, and the American Dream is real again. Greatness starts with dignity for workers, safety for communities, and a fair shot for every kid.