Is Accounting Useful for Forecasting GDP Growth? A Machine Learning Perspective
57 Pages Posted: 19 April 2021 Srikant DatarHarvard University – Accounting & Control Unit Apurv JainMacroXStudio; Harvard Business School; Microsoft Corporation – Microsoft Research – Redmond Charles C.Y. WangHarvard Business School (HBS); European Corporate Governance Institute (ECGI) Siyu ZhangHarvard Business School Date Written: December 1, 2020 Abstract We provide a comprehensive examination of whether, to what […]
Alternative Data and ML for Macro Nowcasting (Cambridge University Press)
45 Pages Posted: 4 December 2022 Apurv JainMacroXStudio; Harvard Business School; Microsoft Corporation – Microsoft Research – Redmond Date Written: October 25, 2022 Abstract Worldwide macroeconomic data suffer from three fundamental problems – high dimensionality, a staggered release schedule, and poor data quality. Nowcasts are a popular set of tools that address the first two […]
AI & Asset Management: Build. Adapt. Certify.
Three broad themes emerged from the keynotes by Nicolaus Henke