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Forecasting economic magnitudes with neural network models

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Abstract

This paper is an introduction to artificial neural networks as a statistical and econometric tool. The fundamentals of the theory are presented and two applications illustrate the power of artificial neural networks in predicting results.

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An earlier version of this paper was incorrectly printed in the May 1999 issue ofIAER.

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Alonso-Rodriguez, A. Forecasting economic magnitudes with neural network models. International Advances in Economic Research 5, 496–511 (1999). https://doi.org/10.1007/BF02295547

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