On the accuracy of short-term COVID-19 fatality forecasts
Nino Antulov-Fantulin, Lucas B\"ottcher

TL;DR
This paper compares CDC ensemble COVID-19 fatality forecasts with a simple Euler method benchmark, finding that the simple method performs comparably on short-term horizons and better on longer ones, highlighting the value of local rate-based forecasts.
Contribution
It introduces a model-free Euler benchmark for COVID-19 fatality forecasting and demonstrates its effectiveness relative to complex ensemble models over different time horizons.
Findings
Euler forecasts are as accurate as CDC ensemble forecasts at one-week horizon.
Euler method outperforms ensemble forecasts on longer horizons.
Simple, data-light forecasting methods can be effective for epidemic prediction.
Abstract
Forecasting new cases, hospitalizations, and disease-induced deaths is an important part of infectious disease surveillance and helps guide health officials in implementing effective countermeasures. For disease surveillance in the U.S., the Centers for Disease Control and Prevention (CDC) combine more than 65 individual forecasts of these numbers in an ensemble forecast at national and state levels. We collected data on CDC ensemble forecasts of COVID-19 fatalities in the United States, and compare them with easily interpretable ``Euler'' forecasts serving as a model-free benchmark that is only based on the local rate of change of the incidence curve. The term ``Euler method'' is motivated by the eponymous numerical integration scheme that calculates the value of a function at a future time step based on the current rate of change. Our results show that CDC ensemble forecasts are not…
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