Search Results

Showing results 1 to 3 of approximately 3.

(refine search)
SORT BY: PREVIOUS / NEXT
Author:Moszkowski, Erica 

Discussion Paper
The FRBNY DSGE Model Meets Julia

We have implemented the FRBNY DSGE model in a free and open-source language called Julia. The code is posted here on GitHub, a public repository hosting service. This effort is the result of a collaboration between New York Fed staff and folks from the QuantEcon project, whose aim is to coordinate development of high performance open-source code for quantitative economic modeling.
Liberty Street Economics , Paper 20151203

Discussion Paper
Forecasting with Julia

A little more than a year ago, in this post, we announced DSGE.jl?a package for working with dynamic stochastic general equilibrium (DSGE) models using Julia, the open-source computing language. At that time, DSGE.jl contained only the code required to specify, solve, and estimate such models using Bayesian methods. Now, we have extended the package to provide the additional code needed to produce economic forecasts, counterfactual simulations, and inference on unobservable variables, such as the natural rate of interest or the output gap. The old, pre-Julia version of the code, which was ...
Liberty Street Economics , Paper 20170508

Report
DSGE forecasts of the lost recovery

The years following the Great Recession were challenging for forecasters. Unlike other deep downturns, this recession was not followed by a swift recovery, but generated a sizable and persistent output gap that was not accompanied by deflation as a traditional Phillips curve relationship would have predicted. Moreover, the zero lower bound and unconventional monetary policy generated an unprecedented policy environment. We document the real real-time forecasting performance of the New York Fed dynamic stochastic general equilibrium (DSGE) model during this period and explain the results using ...
Staff Reports , Paper 844

FILTER BY year

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

Del Negro, Marco 3 items

Giannoni, Marc 3 items

Li, Pearl 3 items

Gupta, Abhi 2 items

Cai, Michael 1 items

show more (2)

FILTER BY Jel Classification

C11 1 items

C32 1 items

C5 1 items

C54 1 items

E2 1 items

E43 1 items

show more (2)

FILTER BY Keywords

DSGE 2 items

Julia 2 items

DSGE models 1 items

Great Recession 1 items

State Space Models 1 items

financial frictions 1 items

show more (4)

PREVIOUS / NEXT