Can AI Predict Inflation? Testing ChatGPT on Macroeconomic Forecasting
:::info Authors: (1) Pham Hoang Van, Department of Economics, Baylor University Waco, TX, USA (Van Pham@baylor.edu); (2) Scott Cunningham, Department of Economics, Baylor University Waco, TX, USA (Scott Cunningham@baylor.edu). ::: Table of Links Abstract and 1 Introduction 2 Direct vs Narrative Prediction 3 Prompting Methodology and Data Collection 4 Results 4.1 Establishing the Training Data … Read more