Abstract of associated article: Bayesian model averaging has become a widely used approach to accounting for uncertainty about the structural form of the model generating the data. When data arrive se
Clark, Todd E., McCracken, Michael W., and Mertens, Elmar, (2020) "Modeling Time-Varying Uncertainty of Multiple-Horizon Forecast Errors." Review of Economics and Statistics 102:1, 17-33.
Israel: Current account balance forecast, percent of GDP: The latest value from 2028 is 4.19 percent, a decline from 4.32 percent in 2027. In comparison, the world average is -1.12 percent, based on d