Last update on September 14, 2021
** Based on the data available as of September 12, 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 | 62,373 | 66,422 | -4,049 |
New Deaths | 384 | 445 | -61 |
New ICUs | 2,742 | 3,030 | -288 |
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.