Under construction...
The idea is to set (... and regularly update) a horse race among selected methods that should cover a wide range of approaches to forecasting. The focus will be placed on the medium-term and longer-term forecasts. At the current stage, predictions of the Czech GDP and inflation are evisaged to be the main focus of the contest, however a shift to the more internationally known macroeconomic figures is possible in the future.
The contest should not be limited to statistical methods and will be cordially open to all fellow economists and their subjective (potentially completely model-free) views. The ambition is to find out whether collaborative effort can beat some well-estabilished forecasts on the market and also to get some interesting metadata insights. There is no prize I can offer to the best performing forecasters,... except for the board of honor.
The contest should not be limited to statistical methods and will be cordially open to all fellow economists and their subjective (potentially completely model-free) views. The ambition is to find out whether collaborative effort can beat some well-estabilished forecasts on the market and also to get some interesting metadata insights. There is no prize I can offer to the best performing forecasters,... except for the board of honor.
