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 …

. The in-sample and out-of-sample forecasting performances are encouraging. In particular, the out-of-sample forecasting … linear regression and signal extraction approach across all forecasting horizons and all criteria considered. …

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 …