Economics Recession Model Parameters Estimation

Student: Klyueva Anna

Educational Programme: Economics (Bachelor)

Year of Graduation: 2019

The study considers the application of four macroeconomic agents interaction concept as a key factor in determining the probability of economic recession. To achieve this goal, we study the causes of recessions and the main models in theory. The paper also proposes a hierarchical regression model as the main tool for predicting the level of recession.

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