Generative Economic Modelling. How AI Solves the Curse of Dimensionality in Modern Economics
7:13
YouTubeAI Finance Studio
Generative Economic Modelling. How AI Solves the Curse of Dimensionality in Modern Economics
Modern macroeconomic models struggle with realism. Each added variable multiplies computational cost. Financial risk, household heterogeneity, and uncertainty push traditional models beyond practical limits. Economists face a forced choice between simplicity and realism. This video explains a new approach developed in a Bank for International ...
1 day ago
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