The FRBNY DSGE model
AbstractThe goal of this paper is to present the dynamic stochastic general equilibrium (DSGE) model developed and used at the Federal Reserve Bank of New York. The paper describes how the model works, how it is estimated, how it rationalizes past history, including the Great Recession, and how it is used for forecasting and policy analysis.
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Bibliographic InfoPaper provided by Federal Reserve Bank of New York in its series Staff Reports with number 647.
Date of creation: 2013
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-11-09 (All new papers)
- NEP-DGE-2013-11-09 (Dynamic General Equilibrium)
- NEP-FOR-2013-11-09 (Forecasting)
- NEP-MAC-2013-11-09 (Macroeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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