2 thoughts on “Assessing CBO Projections

  1. Anonymous

    Menzie,
    Is there any analysis of their initial unadjusted forecasts compared to their adjusted forecasts.
    I have a friend who has developed a metric to predict the CPE 6 months in advance using gold and his results have been much better than the CBO and that is unadjusted numbers 6 months in advance.
    Looking at the numbers reported it appears that their accruacy is worse than 10%. Do they report their error rate as a percentage? Did I just overlook it?

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