In this paper, we perform a statistical analysis of the forecasting properties of Norges Bank's macroeconomic forecasts … in the period 1998 - 2019. As a part of the analysis we assess Norges Bank's forecasts against similar forecasts by … Statistics Norway and forecasts from simple models. The review shows that Norges Bank's projections have stood up well compared …

forecasts in the period 1998 - 2019. As a part of the analysis we assess Norges Bank's forecasts against similar forecasts by … Statistics Norway and forecasts from simple models. The review shows that Norges Bank's projections have stood up well compared … with Statistics Norway's projections and have generally been better than forecasts from simple models, especially in the …