Forecasting the equity premium: Do deep neural network models work?
This paper constructs deep neural network (DNN) models for equity-premium forecasting.We compare Play Yards the forecasting performance of DNN models with that of ordinary least squares (OLS) and historical average (HA) models.The DNN models robustly work best and significantly outperform both OLS and HA models in both in- and CREW SWEATSHIRT out-o