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Niels Stender

Biographic Data

ID6852166
NAMENiels Stender
GIVEN NAMESNiels
FAMILY NAMEStender
SIGNATURESTENDER N
AFFILIATIONSInnospeXion (Denmark)
VERIFIEDNo
TOTAL WORKS2
TOTAL CITATIONS2
WORKS AS AUTHOR2
WORKS AS EDITOR0
FIRST PUBLICATION YEAR2016
LATEST PUBLICATION YEAR2017
H-INDEX1
  • Is Random Forest a Superior Methodology for Predicting Poverty? An Empirical Assessment

    Open Access•Thomas Pave Sohnesen, Niels Stender•ARTICLE•Poverty & Public Policy•2017•Cited by: 2•References: 2

    Random forest (RF) is in many fields of research a common method for data‐driven predictions. Within economics and prediction of poverty, RF is rarely used. Comparing out‐of‐sample predictions in surveys for the same year in six countries shows that RF is often more accurate than current common practice (multiple imputations with variables selected by Stepwise and Lasso), suggesting that this method could contribute to better poverty predictions.…

  • Is Random Forest a Superior Methodology for Predicting Poverty? An Empirical Assessment

    Thomas Pave Sohnesen, Niels Stender•BOOK•2016

    Random forest is in many fields of research a common method for data driven predictions. Within economics and prediction of poverty, random forest is rarely used. Comparing out-of-sample predictions in surveys for same year in six countries shows that random forest is often more accurate than current common practice (multiple imputations with variables selected by stepwise and Lasso), suggesting that this method could contribute to better poverty…

  • Is Random Forest a Superior Methodology for Predicting Poverty? An Empirical Assessment

    Open Access•Thomas Pave Sohnesen, Niels Stender•ARTICLE•Poverty & Public Policy•2017•Cited by: 2•References: 2

    Random forest (RF) is in many fields of research a common method for data‐driven predictions. Within economics and prediction of poverty, RF is rarely used. Comparing out‐of‐sample predictions in surveys for the same year in six countries shows that RF is often more accurate than current common practice (multiple imputations with variables selected by Stepwise and Lasso), suggesting that this method could contribute to better poverty predictions.…

  • Is Random Forest a Superior Methodology for Predicting Poverty? An Empirical Assessment

    Thomas Pave Sohnesen, Niels Stender•BOOK•2016

    Random forest is in many fields of research a common method for data driven predictions. Within economics and prediction of poverty, random forest is rarely used. Comparing out-of-sample predictions in surveys for same year in six countries shows that random forest is often more accurate than current common practice (multiple imputations with variables selected by stepwise and Lasso), suggesting that this method could contribute to better poverty…

  • Is Random Forest a Superior Methodology for Predicting Poverty? An Empirical Assessment

    Open Access•Thomas Pave Sohnesen, Niels Stender•ARTICLE•Poverty & Public Policy•2017•Cited by: 2•References: 2

    Random forest (RF) is in many fields of research a common method for data‐driven predictions. Within economics and prediction of poverty, RF is rarely used. Comparing out‐of‐sample predictions in surveys for the same year in six countries shows that RF is often more accurate than current common practice (multiple imputations with variables selected by Stepwise and Lasso), suggesting that this method could contribute to better poverty predictions.…

Computer Science (2 works) · Econometrics (2 works) · Economic growth (2 works) · Economics (2 works) · Income, Poverty, and Inequality (2 works) · Mathematics (2 works) · Poverty (2 works) · Random forest (2 works) · Statistics (2 works) · Agricultural risk and resilience (1 work)

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