Every two years the IJF editors select the “best” paper to have been published in the IJF within the previous two-year period. The Best Paper Award consists of US$1000 and an engraved plaque. In recent years, up to three additional papers have received Outstanding Paper Awards.

2020-2021 Best Paper Award

• Fronzetti Colladon A. (2020), Forecasting election results by studying brand importance in online news, International Journal of Forecasting, 36 (2), 414-427

2020-2021 Outstanding Paper Award

• Tuang Buansing T.S., Golan A., Ullah A. (2020), An information-theoretic approach for forecasting interval-valued SP500 daily returns, International Journal of Forecasting, 36(3), 800-813

2018-2019 Best Paper Award

• Ardia D., Bluteau K. and Boudt K. (2019), Questioning the news about economic growth: Sparse forecasting using thousands of news-based sentiment values, International Journal of Forecasting, 35 (4), 1370-1386

2018-2019 Outstanding Paper Award

• Makridakis S., Spiliotis E. and Assimakopoulos V. (2018), The M4 Competition: Results, findings, conclusions and ways forward, International Journal of Forecasting, 34(4), 802-808

2016-2017 Best Paper Award

• D’Amuri, F. and Marcucci, J. (2017), The predictive power of Google searches in forecasting US unemployment, International Journal of Forecasting, 33 (4), 801-816

2016-2017 Outstanding Paper Award

• Hong, T. and Fan, S. (2016), Probabilistic electric load forecasting: A tutorial review, International Journal of Forecasting, 32(3), 914-938

2014-2015 Best Paper Award

• Kourentzes, N., Petropoulos, F., & Trapero, J. R. (2014). Improving forecasting by estimating time series structural components across multiple frequencies International Journal of Forecasting, 30 (2), 291–302.

2014-2015 Outstanding Paper Awards

• Graefe, A., Armstrong, J. S., Jones, R. J., & Cuzán, A. G. (2014). Combining forecasts: An application to elections International Journal of Forecasting, 30 (1), 43–54.
• Rossi, B., & Sekhposyan, T. (2014). Evaluating predictive densities of US output growth and inflation in a large macroeconomic data set International Journal of Forecasting, 30 (3), 662–682.

2012-2013 Best Paper Award

• Diebold, F. X., & Yilmaz, K. (2012). Better to give than to receive: Predictive directional measurement of volatility spillovers. International Journal of Forecasting, 28 (1), 57-66.

2012-2013 Outstanding Paper Award

• Genre, V., Kenny, G., Meyler, A., & Timmermann, A. (2013). Combining expert forecasts: Can anything beat the simple average?. International Journal of Forecasting, 29(1), 108-121.

2010-2011 Best Paper Award

• Hamilton, J.D. (2011) Calling recessions in real time. International Journal of Forecasting, 27 (4), 1006-1026.

2010-2011 Outstanding Paper Awards

• Gneiting, T. (2011) Quantiles as optimal point forecasts. International Journal of Forecasting, 27 (2), 197-207.
• Geweke, J., and Amisano, G. (2010) Comparing and evaluating Bayesian predictive distributions of asset returns. International Journal of Forecasting, 26 (2), 216-230.

2008-2009 Best Paper Award

• Timmermann, A. (2007) Elusive return predictability, International Journal of Forecasting, 24 (1), 1-18.

2008-2009 Outstanding Paper Awards

• Goldstein, D.G. and Gigerenzer, G. (2009) Fast and frugal forecasting, International Journal of Forecasting, 25 (4), 760–772.

2006-2007 Best Paper Award

• Isiklar, G. and Lahiri, K. (2007) How far ahead can we forecast? Evidence from cross-country surveys, International Journal of Forecasting, 23 (2), 167-187

2006-2007 Outstanding Paper Awards

• Batchelor, R. (2007) Bias in macroeconomic forecasts, International Journal of Forecasting, 23 (2), 189-203
• Banerjee, A., and Marcellino, M. (2006) Are there any reliable leading indicators for US inflation and GDP growth? International Journal of Forecasting, 22 (1), 137-151

2004-2005 Best Paper Award

• M.H. Pesaran and A. Timmermann (2004) How costly is it to ignore breaks when forecasting the direction of a time series?, International Journal of Forecasting, 20 (3), 411-425.

2004-2005 Outstanding Paper Awards

• A. Timmermann and C.W.J. Granger (2004) Efficient market hypothesis and forecasting, International Journal of Forecasting, 20 (1), 15-27.
• M.P. Clements, P.H. Franses and N.R. Swanson (2004) Forecasting economic and financial time-series with non-linear models, International Journal of Forecasting, 20 (2), 169-183.

2002-2003 Best Paper Award

• K.C. Green (2002) Forecasting decisions in conflict situations: A comparison of game theory, role-playing, and unaided judgment,” International Journal of Forecasting, 18 (3), 321-344.

2002-2003 Outstanding Paper Awards

• R. J. Hyndman, A. B. Koehler, R. D. Snyder and S. Grose (2002) “A state space framework for automatic forecasting using exponential smoothing methods,” International Journal of Forecasting, 18 (3), 439-454.
• D. M. Miller and D. Williams (2003) Shrinkage estimators of time series seasonal factors and their effect on forecasting accuracy ,” International Journal of Forecasting, 19(4), 669-684.
• K. F. Wallis (2003) Chi-squared tests of interval and density forecasts, and the Bank of England’s fan charts ,” International Journal of Forecasting, 19 (2), 165-175.

2000-2001 Best Paper Award

• McCullough (2000), Is it safe to assume that software is accurate? International Journal of Forecasting, 16, 349-357.

2000-2001 Outstanding Paper Awards

• J.S. Armstrong, V.G. Morwitz, and V. Kumar (2000), Sales forecasts for existing consumer products and services ,” International Journal of Forecasting, 16, 383-397.
• S. Makridakis and M. Hibon (2000), The M3-competition: Results, conclusions and implications ,” International Journal of Forecasting, 16, 451-476.
• P. Goodwin (2000), Correct or combine? Mechanically integrating judgmental forecasts with statistical methods,” International Journal of Forecasting, 16, 261-275.

1998-1999 Best Paper Award

• Rowe and Wright (1999), The Delphi Technique as a forecasting tool: Issues and analysis,” International Journal of Forecasting, 15, 353-375.

1996-1997 Best Paper Award

• Swanson and White (1997), Forecasting economic time series using flexible versus fixed specifications and linear versus nonlinear econometric models,” International Journal of Forecasting, 13, 439-461.

1994-1995 Best Paper Award (shared)

• Allen (1994), Economic forecasting in agriculture,” International Journal of Forecasting, 10, 81-135.
• Vere-Jones (1995), Forecasting earthquakes and earthquake risk,” International Journal of Forecasting, 11, 503-538.

1992-1993 Best Paper Award

• Granger, Forecasting stock market prices: Lessons for forecasters,” International Journal of Forecasting, 8, 3-13.