order to stabilize the real economy. A modified Taylor curve, the forecast Taylor curve, showing the tradeoff between the … achieved an efficient stabilization of both inflation and the real economy and what relative weight on the stability of … inflation and the real economy has effectively been applied. Ex ante evaluation may be more relevant than evaluation ex post …

We show how to construct optimal policy projections in Ramses, the Riksbank's open-economy medium-sized DSGE model for … transmission of shocks. Finally, we use the model to assess the recent Great Recession in the world economy and how its impact on …