The FRBNY DSGE Model - Federal Reserve Bank of New York

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The FRBNY DSGE Model

October Number 647

JEL classification: C53, C54, E52

Authors: Marco Del Negro, Stefano Eusepi, Marc Giannoni, Argia Sbordone, Andrea Tambalotti, Matthew Cocci, Raiden Hasegawa, and M. Henry Linder

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.

Available only in PDF pdf

56 pages / 471 kb

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