Last update on July 20, 2021
** Based on the data available as of July 18, 2021. Click to enlarge each image.
Replications files are available here.
1. Forecast Errors
i. One-week horizon
“Conditional” forecast from last week |
Actual |
“Conditional” forecast error |
|
---|---|---|---|
New Cases | 12,272 | 20,827 | -8,555 |
New Deaths | 189 | 93 | 96 |
New ICUs | 779 | 880 | -101 |
Source: Authors’ calculation.
Note: Our model provides projections of Covid-19 conditional on paths of output but does not provide the projection of output. Thus, we compare the actual Covid-19 outcomes with the projection of them if the model had known the realized path of output.
2. Real-time Evaluation of the Model’s Forecasting Performance
i. One-week horizon
Source: Authors’ calculation.
Note: The red lines—“Forecast”—are what the model would have predicted given the data available up to that point.