9, 2020 Jan. 8, 2021 600 Municipal Liquidity Facility Apr. 9, 2020 Dec. 31, 2020 500 TALF Mar. 23, 2020 Dec. 31, 2020 100 Note: The data are current as of June 17, 2021. 1. The maximum authorized amount of facility asset purchases. 2. Current and peak outstanding amounts of facility asset purchases.
Big Data and machine learning work in the opposite way: they allow one to look for patterns simply by processing huge amounts of data, regardless of possible underlying models. It’s important to note that most econometricians have expressed concern about the reliability and representativeness of such vast datasets. However, it’s becoming evident that Big Data could disrupt traditional econometrics.