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2 posts on "Model Combination"
March 25, 2015

Choosing the Right Policy in Real Time (Why That’s Not Easy)

Marco Del Negro, Raiden B. Hasegawa, and Frank Schorfheide

Marco Del Negro, Raiden B. Hasegawa, and Frank Schorfheide Second in a two-part series As an economist, you make policy recommendations at any point in time that depend on what model of the economy you have in mind and on your assessment of the state of the economy. One can see these points play out […]

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Posted at 7:00 am in DSGE, Forecasting, Macroeconomics, Monetary Policy | Permalink | Comments (1)
March 23, 2015

Combining Models for Forecasting and Policy Analysis

Marco Del Negro, Raiden B. Hasegawa, and Frank Schorfheide

Model uncertainty is pervasive. Economists, bloggers, policymakers all have different views of how the world works and what economic policies would make it better.

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Posted at 7:00 am in DSGE, Forecasting, Macroeconomics, Monetary Policy | Permalink | Comments (1)

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Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

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