Macroeconomic Forecasting Based on LSTM-Conditioned Normalizing Flows

Nguyen, Hien T.1, Nguyen, Duc Trung1, Nguyen, Ngoc Thach1, Nguyen, Hai M.1, Nguyen, Vu H.2, Tan, Nguyen Ngoc3, Nguyen, Hung M. V.4, Truong, Hoang N.5, Linh, Nguyen Tran Xuan6
1Banking University of Ho Chi Minh City
2Dai Phat Solutions Co. Ltd.
3The Ho Chi Minh City People’s Committee
4Nong Lam University
6Ho Chi Minh Industry and Trade College

Tóm tắt

Macroeconomic forecasting is a key task of developing the outlook for economy of a country and supporting decision making. In this paper we present a novel approach to macroeconomic forecasting based on LSTM-based encoder-decoder and conditional normalizing flows....