But beyond those evergreen suggestions, developing logic models within a leadership offsite has an important benefit: It encourages participants to look carefully and realistically at what the ...

This paper provides a how-to guide to model-based forecasting and monetary policy analysis. It describes a simple structural model, along the lines of those in use in a number of central banks. This ...

By Daniel JacksonISBN: 0-262-10114-9 ...

In science, obtaining a “robust” result is often seen as providing further support for a hypothesis. The Bayesian should have something to say about the logic underpinning this method of confirmation.

This paper presents a semi-structural macroeconomic model aimed at facilitating policy analysis and forecasting, primarily in countries with imperfect capital mobility and hybrid monetary policy ...