Neural Networks in Finance
Gaining Predictive Edge in the Market
By (author) Paul D. McNelis
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Neural Networks in Finance by Paul D. McNelis
Book DescriptionThis book explores the intuitive appeal of neural networks and the genetic algorithm in finance. It demonstrates how neural networks used in combination with evolutionary computation outperform classical econometric methods for accuracy in forecasting, classification and dimensionality reduction. McNelis utilizes a variety of examples, from forecasting automobile production and corporate bond spread, to inflation and deflation processes in Hong Kong and Japan, to credit card default in Germany to bank failures in Texas, to cap-floor volatilities in New York and Hong Kong.
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Book DetailsISBN: 9780124859678
(229mm x 152mm x 20mm)
Imprint: Academic Press Inc
Publisher: Elsevier Science Publishing Co Inc
Publish Date: 14-Jan-2005
Country of Publication: United States
Books By Author Paul D. McNelis
Computational Macroeconomics for the Open Economy, Hardback (November 2008)» View all books by Paul D. McNelis
How to use nonlinear dynamic models in policy analysis.
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Author Biography - Paul D. McNelis
By Paul D. McNelis
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