Zobrazeno 1 - 10
of 19
pro vyhledávání: '"Flint Brayton"'
Autor:
Flint Brayton, David Reifschneider
Publikováno v:
Finance and Economics Discussion Series. :1-41
FRB/US, a large-scale, nonlinear macroeconomic model of the U.S., has been in use at the Federal Reserve Board for 25 years. For nearly as long, the FRB/US “project” has included a linear version of the model known as LINVER. A key reason that LI
Autor:
Flint Brayton
Publikováno v:
Finance and Economics Discussion Series. 2011:1-42
This paper describes the E-Newton and E-QNewton algorithms for solving rational expectations (RE) models. Both algorithms treat a model's RE terms as exogenous variables whose values are iteratively updated until they (hopefully) satisfy the RE requi
Publikováno v:
FEDS Notes. 2014
The question of how best to conduct monetary policy has been studied by economists for a long time. Over the past 25 years or so, attention has focused on systematic approaches to setting the short-term interest rate in a manner that effectively bala
Publikováno v:
FEDS Notes. 2014
The FRB/US model of the U.S. economy is one of several that Federal Reserve Board staff consults for forecasting and the analysis of macroeconomic issues, including both monetary and fiscal policy.
Publikováno v:
Carnegie-Rochester Conference Series on Public Policy. 47:43-81
Large-scale macroeconomic models have been used at the Federal Reserve Board for nearly 30 years. After briefly reviewing the first generation of Fed models, which were based on the IS/LM/Phillips curve paradigm, the paper describes the structure and
Publikováno v:
Finance and Economics Discussion Series. 1997:1-42
Large-scale macroeconomic models have been used at the Federal Reserve Board for nearly thirty years. After briefly reviewing the first generation of Fed models, which were based on the IS/LM/Phillips curve paradigm, the paper describes the structure
Autor:
Peter Tinsley, Flint Brayton, John C. Williams, David Reifschneider, Robert Tetlow, P. Von zur Muehlen, Antulio N. Bomfim
Publikováno v:
Finance and Economics Discussion Series. 1996:1-45
FRB/US is a large-scale quarterly econometric model of the U.S. economy, developed to replace the MPS model. Most behavioral equations are based on specifications of optimizing behavior containing explicit expectations of firms, households, and finan
Autor:
Peter Tinsley, Flint Brayton
Publikováno v:
Economic Modelling. 13:289-314
Recent years have seen a trend among central banks of industrial economies to downgrade operational target ranges for exchange rates or monetary aggregates and to adopt price stability as the nominal anchor of monetary policy. This paper contrasts th
The simultaneous occurrence in the second half of the 1990s of low and falling price inflation and low unemployment appears to be at odds with the properties of a standard Phillips curve. We find this result in a model in which inflation depends on t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::fc0deeb50e828d14ceaf9ebc845b939e
http://www.federalreserve.gov/pubs/feds/1999/199949/199949pap.pdf
http://www.federalreserve.gov/pubs/feds/1999/199949/199949pap.pdf
Publikováno v:
SSRN Electronic Journal.