A Pound Centric look at the Pound vs. Krona Exchange Rate Movement from 1844 to 1965

Andrew Clark ()
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Andrew Clark: Department of Economics, University of Reading

No em-dp2020-22, Economics Discussion Papers from Department of Economics, University of Reading

Abstract: A longitudinal (1844-1965) study of the Pound Krona exchange rate is conducted utilizing London Times article news sentiment, gold price, GDP, and other relevant metrics to create a dynamic systems state-based model to predict the Pound Krona yearly exchange rate. The created model slightly outperforms a naive random walk forecasting model.

Keywords: Econometrics; Machine Learning; Dynamic Systems; Complex Systems (search for similar items in EconPapers)
JEL-codes: C32 C53 C63 E17 F31 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2020-10-09
New Economics Papers: this item is included in nep-big, nep-cmp, nep-his and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:rdg:emxxdp:em-dp2020-22

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