The FRBNY DSGE Model

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type , Research , Preprint 01 Jan 2013 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Marco Del Negro; Stefano Eusepi; Marc Giannoni; Argia M. Sbordone; Andrea Tambalotti; Matthew Cocci; Raiden B. Hasegawa; +1 Authors

doi: 10.2139/ssrn.2344312

handle: 10419/93628

The FRBNY DSGE Model

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Abstract

The 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.

Related Organizations

Center for Economic and Policy Research
United States
The University of Texas at Austin
United States
Federal Reserve Bank of New York
United States
Federal Reserve Bank of Dallas
United States

Keywords

DSGE models, ddc:330, Econometric models ; Equilibrium (Economics) ; Stochastic analysis ; Federal Reserve Bank of New York, C53, E52, D54

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