IDEAS home Printed from https://ideas.repec.org/p/fip/fednls/86979.html
   My bibliography  Save this paper

An Assessment of the FRBNY DSGE Model's Real-Time Forecasts, 2010-2013

Author

Listed:
  • Matthew Cocci
  • Marco Del Negro
  • Stefano Eusepi
  • Marc Giannoni
  • M. Henry Linder
  • Sara Shahanaghi

Abstract

The previous post in this series showed how the Federal Reserve Bank of New York?s DSGE model can be used to provide an interpretation of the Great Recession and the slow recovery. In this post, we look at the role of the model as a forecasting tool and evaluate its forecasting performance since 2010. This analysis will give context for the last post, which will present the model?s current forecast for the U.S. economy.

Suggested Citation

  • Matthew Cocci & Marco Del Negro & Stefano Eusepi & Marc Giannoni & M. Henry Linder & Sara Shahanaghi, 2014. "An Assessment of the FRBNY DSGE Model's Real-Time Forecasts, 2010-2013," Liberty Street Economics 20140925b, Federal Reserve Bank of New York.
  • Handle: RePEc:fip:fednls:86979
    as

    Download full text from publisher

    File URL: https://libertystreeteconomics.newyorkfed.org/2014/09/an-assessment-of-the-frbny-dsge-models-real-time-forecasts.html
    Download Restriction: no

    More about this item

    Keywords

    Forecasting; DSGE models;

    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

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fednls:86979. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://edirc.repec.org/data/frbnyus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.