Computational Economics
This category contains all articles relating to Computational Economics
Hacking the Random Walk Hypothesis
September 15, 2015 | StuartReid | 40 CommentsWarning: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead in /home/customer/www/turingfinance.com/public_html/wp-content/plugins/latex/latex.php on line 47
Hackers would make great traders. At a meta level, hackers and traders do the same thing: they find and exploit the weaknesses of a system. The difference is that hackers hack computers, networks, and even people for various ... Read More
Monte Carlo K-Means Clustering of Countries
February 9, 2015 | StuartReid | 20 CommentsIn the first part of this three-part series, What Drives Real GDP Growth?, I identified four themes which drive real GDP growth. These themes are based on 19 socioeconomic indicators whose average Spearman and Pearson correlations to real GDP growth were statistically ... Read More
What Drives Real GDP Growth?
January 15, 2015 | StuartReid | 6 CommentsEconometrics is the application of statistical and computational techniques to the study of economic data. It differs from classical economics in that it is based on empirical findings rather than theories. One benefit of this approach is that ... Read More
Agent-based Computational Economic Models
January 13, 2014 | StuartReid | 3 CommentsEconomists subscribe to many often contradictory schools of thought. This results in businesses and governments adopting economic policies whose consequences are neither agreed upon nor understood. Furthermore, because the economy is actually a complex adaptive system most traditional economic ... Read More
BRICs Economic Forecasting using Neural Networks
September 18, 2013 | StuartReid | 6 CommentsThis weekend I finished an interesting research assignment in which I used five computational techniques to train artificial neural networks to forecast the 2011 GDP growth rates for Brazil, Russia, India, China, and South Africa (BRICS nations). The ... Read More
Perfect Imperfection, Agent Based Models
August 16, 2013 | StuartReid | 12 CommentsWhen I was 17 years old the Boy Scouts of America invited nine international delegates and I to present at a conference and partake in a 7-day 100 kilometer hike through the Rocky Mountains on the Philmont Scout Ranch. In the week prior ... Read More