Macroeconomics, Geologist Indicate Recession's End |
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| Methods of pattern recognition are certainly capable of helping economists understand complex systems. It isn't soothsaying, it's science. Applying scientific methods to complex systems allows people to be correct more often. Pattern recognition is about gaining insight into variables that consistently impact and shape the world. We hope papers like this will allow economic decision makers to have a greater degree of confidence in predictive methods ultimately enabling them to make better decisions. Pattern of Macroeconomic Indicators Preceding the End of an American Economic Recession, by V. I. Keilis-Borok, A. A. Soloviev, M. D. Intriligator, and F. E. Winberg Abstract PDF |
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