to enhance forecast accuracy. At the level of the individual forecasts, there is scant evidence that the second … characteristic enhances forecast accuracy, and the average accuracy of the individual forecasts can be improved by applying a …

the models on "lightly-revised" data instead of using data from the latest-available vintage. Forecast accuracy is … estimation are of a similar maturity to the data in the forecast loss function. The size of the expected reductions in mean … forecasting output growth and inflation with AR models, and gains of the order of 8% with ADL models. …