1.0Liberty Street Economicshttps://libertystreeteconomics.newyorkfed.orgblog authorhttps://libertystreeteconomics.newyorkfed.org/author/blog-author/Forecasting with the FRBNY DSGE Model - Liberty Street Economicsrich600338<blockquote class="wp-embedded-content" data-secret="f3ACxgXz1Z"><a href="https://libertystreeteconomics.newyorkfed.org/2014/09/forecasting-with-the-frbny-dsge-model/">Forecasting with the FRBNY DSGE Model</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://libertystreeteconomics.newyorkfed.org/2014/09/forecasting-with-the-frbny-dsge-model/embed/#?secret=f3ACxgXz1Z" width="600" height="338" title="“Forecasting with the FRBNY DSGE Model” — Liberty Street Economics" data-secret="f3ACxgXz1Z" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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The term DSGE, which stands for dynamic stochastic general equilibrium, encompasses a very broad class of macro models, from the standard real business cycle (RBC) model of Nobel prizewinners Kydland and Prescott to New Keynesian monetary models like the one of Christiano, Eichenbaum, and Evans.https://libertystreeteconomics.newyorkfed.org/wp-content/uploads/sites/2/2014/09/6a01348793456c970c01a73e14e0cb970d-50wi.jpg