A Neural Networks Model of the Venezuelan Economy

Details A Neural Networks Model of the Venezuelan Economy A Neural Networks Model of the Venezuelan Economy

2007-08-26

arxiv.org/abs/0708.3463v1

Computer Science

Computational Engineering, Finance, and Science

Scientific paper

Besides an indicator of the GDP, the Central Bank of Venezuela generates the so called Monthly Economic Activity General Indicator. The a priori knowledge of this indicator, which represents and sometimes even anticipates the economy's fluctuations, could be helpful in developing public policies and in investment decision making. The purpose of this study is forecasting the IGAEM through non parametric methods, an approach that has proven effective in a wide variety of problems in economics and finance.

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