forecasting. Economic forecasting is made difficult by economic complexity, which implies non-linearities (multiple interactions … the algorithm in forecasting GDP growth 3- to 12-months ahead is assessed through simulations in pseudo-real-time for six …

, dynamic correlations and Granger non-causality tests in a linear VAR framework. To overcome real-time forecasting challenges …

OECD's forecasting track record; and finally, considers the relationship between forecast performance and models. OECD …, outperform naïve forecasts and mostly identify turning points. Moreover, there is a trend improvement in current-year forecasting … weaknesses in forecasting performance beyond the current year underline the importance of increased efforts to use models to …