Swiss GDP model predicts recessions, guides timely economic decisions.
The article develops a model to predict the Swiss economy's ups and downs. They use a special algorithm to pick the best indicators and account for different economic states. The model is just as good as others with more complex features. It's great at spotting when the economy might go into a recession. The model correctly predicted the 2008-09 recession and showed a drop in GDP growth after the Swiss Franc's exchange rate floor was removed.