Ciccarelli, Matteo (ed.); Darracq Pariès, Matthieu (ed.); … - 2024
This paper takes stock of the ECB's macroeconometric modelling strategy by focusing on the models and applications used … of the main macroeconomic models and illustrate how they can in principle be used for economic forecasting, scenario and …, machine learning, expectation formation and climate change. The paper makes it clear that the large macroeconometric models …