Comparing Standard Regression Modeling to Ensemble Modeling: How Data Mining Software Can Improve Economists' Predictions
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- Joyce P Jacobsen & Laurence M Levin & Zachary Tausanovitch, 2016. "Comparing Standard Regression Modeling to Ensemble Modeling: How Data Mining Software Can Improve Economists’ Predictions," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 42(3), pages 387-398, June.
References listed on IDEAS
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More about this item
Keywordsdata mining; ensemble modeling;
- C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2014-12-29 (All new papers)
- NEP-ECM-2014-12-29 (Econometrics)
- NEP-FOR-2014-12-29 (Forecasting)
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