An Assessment of the FRBNY DSGE Model's Real-Time Forecasts, 2010-2013
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.
JEL Classification: E2;E5;
File(s): File format is text/html https://libertystreeteconomics.newyorkfed.org/2014/09/an-assessment-of-the-frbny-dsge-models-real-time-forecasts.html
Provider: Federal Reserve Bank of New York
Part of Series: Liberty Street Economics
Publication Date: 2014-09-25