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The Use of Models in Producing OECD Macroeconomic Forecasts

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/the-use-of-models-in-producing-oecd-macroeconomic-forecasts_5jlnb59tmdls-en.html
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This paper firstly describes the role of models in producing OECD global macroeconomic forecasts; secondly, reviews the OECD's forecasting track record; and finally, considers the relationship between forecast performance and models. OECD forecasts are not directly generated from a single global model, but instead rely heavily on expert judgment...
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