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NZSIM: A model of the New Zealand economy for forecasting and policy analysis

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The New Zealand Structural Inflation Model, NZSIM, is the Reserve Bank's core macroeconomic model. NZSIM provides the central organising framework for the Reserve Bank's forecasting and economic analysis during the monetary policy making process. NZSIM was designed to be smaller and simpler than the previous model to make the model outcomes easier to understand and to improve its ease of use in the policy process.

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  • Neroli Austin & Geordie Reid, 2017. "NZSIM: A model of the New Zealand economy for forecasting and policy analysis," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 80, pages 1-14, January.
    • Handle: RePEc:nzb:nzbbul:jan2017:1
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    File URL: http://www.rbnz.govt.nz/-/media/ReserveBank/Files/Publications/Bulletins/2017/2017jan80-01.pdf
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    Cited by:

    1. Jamie Culling & Michael Callaghan & Adam Richardson, 2019. "Effective Monetary Stimulus: Measuring the stance of monetary policy in New Zealand," Reserve Bank of New Zealand Analytical Notes series AN2019/05, Reserve Bank of New Zealand.
    2. Chris McDonald, 2017. "Does past inflation predict the future?," Reserve Bank of New Zealand Analytical Notes series AN2017/04, Reserve Bank of New Zealand.
    3. Jacob Punnoose & Amber Wadsworth, 2018. "Estimated policy rules for different monetary regimes: Flexible inflation targeting versus a dual mandate," Reserve Bank of New Zealand Analytical Notes series AN2018/11, Reserve Bank of New Zealand.
    4. Anthony Brassil & Mike Major & Peter Rickards, 2022. "MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconometric Model," RBA Research Discussion Papers rdp2022-01, Reserve Bank of Australia.

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