Real GDP Growth Nowcasting in The Caribbean

Real GDP Growth Nowcasting in The Caribbean

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The Inter-American Development Bank issues the following badge through IDBAcademy and certifies that the recipient has successfully completed the program Real GDP Growth Nowcasting in The Caribbean, acquiring the following skills: - Build and run a real-time, mixed-frequency Real GDP nowcasting pipeline in Python and R, integrating structured economic data with unstructured sources such as Google Trends and satellite nighttime lights. - Apply, compare, and interpret a full toolkit of nowcasting estimators — OLS, LASSO/Ridge/Elastic Net, Bayesian VAR, MIDAS, MIDAS-ML, Dynamic Factor Models, Decision Trees, Random Forests, Gradient Boosting, and LSTM neural networks — using LARS and PCA for variable selection. - Execute, evaluate, and visualize nowcasts with the IDB Caribbean Nowcasting Tool — handling ragged-edge data, out-of-sample forecast generation, and accuracy assessment — and translate results into policy-ready briefings for real-time macroeconomic surveillance.

Issuer

AcademiaBID / IDBAcademy

Issued On

1783512000

Expires

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