Neural Network Model for Average Annual Net Earnings Determination in Eu Economies
Slobodan Lakić,
Jasmina Ćetković,
Miloš Knežević
et al.
Abstract:In macroeconomic modeling, the application of artificial neural networks (ANN) for forecasting key macroeconomic variables is present to a large extent. Precise forecasts of economic conditions are of crucial importance for the rational planning of overall economic efficiency in order to reduce the uncertainty of future economic trends. The purpose of constructing economic models is to determine the influence of changes in the value of certain economic variables on the model defined output variable.
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