It can be highly beneficial for companies to develop a forecast of the future values of some important metrics, such as demand for its product or variables that describe the economic climate. There ...

We develop a framework to nowcast (and forecast) economic variables with machine learning techniques. We explain how machine learning methods can address common shortcomings of traditional OLS-based ...

As climate change makes extreme weather more likely, and more unpredictable, meteorologists and government agencies need new tools to keep up. Two studies published this week in the scientific journal ...