Overview of the Changes to the FRB/US Model (2018)

Jean‐Philippe Laforte

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Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

Abstract

This FEDS Note summarizes a more comprehensive set of modifications introduced with the November 2018 public release of the FRB/US model and provides some motivation for why they were made.

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1996A Guide to FRB/US: A Macroeconomic Model of the United States 2014The FRB/US Model: A Tool for Macroeconomic Policy Analysis

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