Table 12. Number of nowcasting and forecasting models selected in the MCS at the 90% confidence level, using the statistic and the MSE loss function, as well as number of selected models using the “false” Google Index.
N. 1 step | N. 2 steps | F. 12 steps | F. 24 steps | |
Models selected | 614 | 122 | 37 | 36 |
Models using the “false” Google Index | 29 | 2 | 0 | 0 |