DSGE models are not always the most accurate for forecasting economic trends. Different models work better for different time horizons and types of forecasts. Simple AR models are best for short-term predictions, while DSGE models are better for long-term predictions of output growth. However, for inflation forecasts, the results are reversed. Large-scale Bayesian VAR models are not necessarily the best benchmark for evaluating DSGE models; smaller AR and VAR models may actually be more accurate.