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November 2014 Update of the FRB/US Model

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Abstract

This FEDS Note is a companion to the most recent release of the FRB/US model of the U.S. economy available at http://www.federalreserve.gov/econresdata/frbus/us-models-about.htm. The purpose of this note is twofold. First, it briefly outlines and describes the changes to the structure of the public version of FRB/US since its introduction in the spring of 2014. In addition, it compares the dynamics of the current version to that of the original version in response to key shocks.

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  • Jean-Philippe Laforte & John M. Roberts, 2014. "November 2014 Update of the FRB/US Model," FEDS Notes 2014-11-21-2, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgfn:2014-11-21-2
    DOI: 10.17016/2380-7172.0036
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