openalexFigshare2026-07-25
<b>Evaluation of Policy-Relevant Forecasting Advantage of Machine and Deep Learning Architectures over Classical Econometrics: Evidence from Ghanaian Headline Inflation</b>
Gabriel Osei Forkuo, Baffour Osei, Isaac Nyame, Abigail Boatemaa
This study evaluates whether machine learning and deep learning models offer a genuine forecasting advantage over classical econometric benchmarks for Ghana’s headline (year-on-year) inflation, a question of direct relevance to a central bank operating an inflation-targeting regi…