forecasting and policy analysis. CANVAS represents a next-generation modelling effort, as it improves upon the previous generation … examine macroeconomic dynamics under significant uncertainty. We assess the out-of-sample forecasting performance of CANVAS … allows for forecasting of the medium-run macroeconomic effects of the economy at the sector level. For instance, this …

indicator. In-sample forecasting results indicate that the three composite indicators are useful tools for predicting financial … stress events. The out-of-sample forecasting results suggest that for most countries, including Canada, the weighted …