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The FRBNY DSGE Model Forecast

Author

Listed:
  • Matthew Cocci
  • Marco Del Negro
  • Stefano Eusepi
  • Marc Giannoni
  • Sara Shahanaghi

Abstract

The U.S. economy has been in a gradual but slow recovery. Will the future be more of the same? This post presents the current forecasts from the Federal Reserve Bank of New York’s (FRBNY) DSGE model, described in our earlier “Bird’s Eye View” post, and discusses the driving forces behind the forecasts. Find the code used for estimating the model and producing all the charts in this blog series here. (We should reiterate that these are not the official New York Fed staff forecasts, but only an input to the overall forecasting process at the Bank.)

Suggested Citation

  • Matthew Cocci & Marco Del Negro & Stefano Eusepi & Marc Giannoni & Sara Shahanaghi, 2014. "The FRBNY DSGE Model Forecast," Liberty Street Economics 20140926, Federal Reserve Bank of New York.
    • Handle: RePEc:fip:fednls:86980
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    More about this item

    Keywords

    DSGE; forecasting;

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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