Lawrence Klein, the University of Pennsylvania economist who won the 1980 Nobel Prize for his computer-based models that help governments forecast the future and act accordingly, died Sunday at his ...

A unique aspect of the economic policy is the competition policy. Competition policy addresses market power and its ...

Economists at the Bank for International Settlements have developed a large language model to make forecasts akin to those ...

A new study finds that AI-based analytical approaches provide more reliable insights into the efficiency of circular economy ...

The global financial crisis, triggered by the subprime mortgage problem and resulting in the collapse of a major American investment bank in September 2008, has seriously affected the Japanese economy ...

Camelot Global commercial director Richard Bateson reminds us that econometric models are only as good as the data that goes into them, and more evidence is always needed to prove the return on ...

This article considers the consequences of explicitly allowing for stochastic technological progress and stochastic labor input in the discrete-time Solow-Swan and AK growth models. It shows that the ...