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 …

opposition to the Federal Reserve's easing, and those for the Riksbank's tightening. Although the Swedish economy subsequently … better. The U.S. economy meanwhile performed worse than expected because of factors other than monetary policy. Without the … summer of 2010, and subsequent adverse economic shocks contributed to weak performance of the U.S. economy. In contrast, the …