I recently ran across a blog post that discusses a very important characteristic for machine learning solutions – Generalization. If you’ve ever wondered about the primary reason why machines can ...

Structural economic models, while parsimonious and interpretable, often exhibit poor data fit and limited forecasting performance. Machine learning models, by contrast, offer substantial flexibility ...

As a data scientist, I have a handful of books that serve as important resources for my work in the field – “Statistical Learning with Sparsity – The Lasso and Generalizations” by Trevor Hastie, ...