The COVID-19 Inflation Weighting in Israel

1 code implementation • The Economists’ Voice 2022 • Jonathan Benchimol, Itamar Caspi, Yuval Levin

Significant shifts in the composition of consumer spending as a result of the COVID-19 crisis can complicate the interpretation of official inflation data, which are calculated by the Central Bureau of Statistics (CBS) based on a fixed basket of goods.

Double Machine Learning and Automated Confounder Selection -- A Cautionary Tale

no code implementations • 25 Aug 2021 • Paul Hünermund, Beyers Louw, Itamar Caspi

Double machine learning (DML) has become an increasingly popular tool for automated variable selection in high-dimensional settings.

BIG-bench Machine Learning Model Selection +1

Forecasting CPI Inflation Components with Hierarchical Recurrent Neural Networks

1 code implementation • 16 Nov 2020 • Oren Barkan, Jonathan Benchimol, Itamar Caspi, Eliya Cohen, Allon Hammer, Noam Koenigstein

We present a hierarchical architecture based on Recurrent Neural Networks (RNNs) for predicting disaggregated inflation components of the Consumer Price Index (CPI).