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- W2129245615 abstract "This dissertation addresses the statistical aspects of neural networks and their usability for solving problems in economics and finance. Neural networks are discussed in a framework of modelling which is generally accepted in econometrics. Within this framework a neural network is regarded as a statistical technique that implements a model-free regression strategy. Model-free regression seems particularly useful in situations where economic theory cannot provide sensible model specifications. Neural networks are applied in three case studies: modelling house prices; predicting the production of new mortgage loans; predicting the foreign exchange rates. From these case studies is concluded that neural networks are a valuable addition to the econometrician's toolbox, but that they are no panacea." @default.
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- W2129245615 date "1996-01-01" @default.
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- W2129245615 title "Neural networks in economic modelling: An empirical study" @default.
- W2129245615 hasPublicationYear "1996" @default.
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