Add to ORKGMacroeconomic models are among the tools used to analyse the Norwegian economy and monetary policy. NEMO is a new macroeconomic model that has been developed by Norges Bank. It plays a key role in designing the interest rate path. In addition to looking at how the model is constructed and quantified and how it works, we focus on why the model was chosen and the properties required. Finally, we provide examples of how the model may be used
In this paper we discuss simple relationships between the key policy rate and macroeconomic variable...
We describe some of the main features of the recent vintage macro-economic models used for monetary ...
Monetary policy is usually modelled as either simple rules or optimal policy. While the former are o...
Macroeconomic models are among the tools used to analyse the Norwegian economy and monetary policy. ...
Over the last decade monetary policy in Norway has gradually evolved from exchange rate targeting to...
This paper describes NEMO, the main dynamic stochastic general equilibrium model used at Norges Bank...
This paper explains the basic mechanisms of Norges Bank’s core model for monetary policy analysis an...
[...] Norges Bank’s macro models have played a key role in forecasting work over many years. Inflati...
The evaluation team was given a mandate to assess whether the current set of models employed for mon...
This paper documents the theoretical structure of an extension of the Norges Bank policy model NEMO....
This note outlines a small, calibrated macromodel that can be used to support inflation targeting at...
This paper describes the semi-structural model DORY used by Norges Bank as a link between raw data, ...
Norges Bank is one of few central banks publishing an interest rate fore- cast. This paper discusses...
Macroeconomic models are important ingredients in the monetary policy process, and, in the Norwegian...
The Inflation Report’s projections for economic developments are important for Norges Bank’s conduct...
In this paper we discuss simple relationships between the key policy rate and macroeconomic variable...
We describe some of the main features of the recent vintage macro-economic models used for monetary ...
Monetary policy is usually modelled as either simple rules or optimal policy. While the former are o...
Macroeconomic models are among the tools used to analyse the Norwegian economy and monetary policy. ...
Over the last decade monetary policy in Norway has gradually evolved from exchange rate targeting to...
This paper describes NEMO, the main dynamic stochastic general equilibrium model used at Norges Bank...
This paper explains the basic mechanisms of Norges Bank’s core model for monetary policy analysis an...
[...] Norges Bank’s macro models have played a key role in forecasting work over many years. Inflati...
The evaluation team was given a mandate to assess whether the current set of models employed for mon...
This paper documents the theoretical structure of an extension of the Norges Bank policy model NEMO....
This note outlines a small, calibrated macromodel that can be used to support inflation targeting at...
This paper describes the semi-structural model DORY used by Norges Bank as a link between raw data, ...
Norges Bank is one of few central banks publishing an interest rate fore- cast. This paper discusses...
Macroeconomic models are important ingredients in the monetary policy process, and, in the Norwegian...
The Inflation Report’s projections for economic developments are important for Norges Bank’s conduct...
In this paper we discuss simple relationships between the key policy rate and macroeconomic variable...
We describe some of the main features of the recent vintage macro-economic models used for monetary ...
Monetary policy is usually modelled as either simple rules or optimal policy. While the former are o...