In this paper we investigate the comparative properties of empirically-estimated monetary models of the U.S. economy …

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 …

include among the predetermined variables (the quot;statequot; of the economy) the vector of nonzero means of future shocks to …

open economy. The main results are, first, that the transmission of shocks depends substantially on the conduct of monetary …

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 …