Quantitative Evaluation of Stabilization Policies
The goal of this conference is to present and discuss recent developments in the use of quantitative structural models to simulate and evaluate alternative monetary and fiscal policies. The conference will emphasize models with optimizing foundations that are parameterized to match features of economic time series. Examples of the issues that we would like to address include methods of econometric estimation and tests of the empirical fit of dynamic stochastic general equilibrium models, ways of taking into account parameter and model uncertainty in policy evaluation exercises, the welfare consequences of stabilization policies, and the degree to which simple rules can approximate a fully optimal policy. We welcome analyses of stabilization policy in both closed and open economies.
|Event dates:||2005-09-23 – 2005-09-24|
|Conference venues:||New York, NY|
|Organizers:||Federal Reserve Bank (Fed)|
|Classification:||C1 - Econometric and Statistical Methods: General ; E5 - Monetary Policy, Central Banking and the Supply of Money and Credit ; E6 - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook|
|Call for papers deadline:||2005-04-25|