Discover how economists' assumptions shape economic models, affecting predictions about consumer behavior, resource ...
The field of economic models and forecasting encompasses the development and application of theoretical, empirical and computational frameworks to predict future economic outcomes. These models range ...
Papers presented at the conference on “Macroeconomic Models for Monetary Policy” held March 6, 2009, at the Federal Reserve Bank of San Francisco addressed such issues as how to model wage and price ...
Central banks use macroeconomic models to help frame the issues that they face, to mold their ideas, and to guide them in their decisionmaking. While a wide range of models are available, economists ...
The Roundtable on Macroeconomics and Climate-related Risks and Opportunities will improve the understanding of how the physical and transition effects of climate change relate to and affect ...
It seems like we have a sustained tangent in the “domestic consequences” thread, about modern monetary theory (MMT) and why it is good, or bad. I contributed to the tangent, but (as I was hopefully ...
New economic models can help policymakers better understand the effects of their inflation-taming measures Much about today’s inflation is not well understood. Why are some households seriously harmed ...
A new report, Mainstreaming Nature into World Bank Macroeconomic Models, links the World Bank’s key macroeconomic models—MANAGE-WB and MFMod—with biophysical models that track land use and ecosystem ...
LONDON - OCTOBER 07: In this photo illustration, a man looks at a graph representing the 12 month decline of the FTSE 100 share index on October 7, 2008 in London. Financial markets are still ...
Mr. Bookstaber is the author of “A Demon of Our Own Design,” which in 2007 warned of the coming financial crisis. Our economy today has been described variously as “weird,” “really weird” and “very, ...
The National Academies will convene a workshop to improve understanding of the relationships between the macroeconomy and climate change and climate-related impacts. The workshop will consider ...