"Bringing together the recent advances and innovative methods in macroeconomic forecasting, this erudite Handbook outlines how to forecast, including following world events such as the Covid-19 pandemic and the global financial crisis. With contributions from global experts, chapters explore the...

We show how to improve the accuracy of real-time forecasts from models that include autoregressive terms by estimating the models on "lightly-revised" data instead of using data from the latest-available vintage. Forecast accuracy is improved by reorganizing the data vintages employed in the...