Documentation of the Estimated, Dynamic, Optimization-Based (Edo) Model of the U.S. Economy: 2010 Version

Posted: 9 Jul 2021

See all articles by Hess T. Chung

Hess T. Chung

Board of Governors of the Federal Reserve System

Michael T. Kiley

affiliation not provided to SSRN

Jean-Philippe Laforte

affiliation not provided to SSRN

Date Written: 2010

Abstract

This paper provides documentation for a large-scale estimated DSGE model of the U.S. economy--the Federal Reserve Board's Estimated, Dynamic, Optimization-based (FRB/EDO) model project. The model can be used to address a wide range of practical policy questions on a routine basis. The paper discusses the model's specification, estimated parameters, and key properties.

Suggested Citation

Chung, Hess T. and Kiley, Michael T. and Laforte, Jean-Philippe, Documentation of the Estimated, Dynamic, Optimization-Based (Edo) Model of the U.S. Economy: 2010 Version (2010). FEDS Working Paper No. 2010-29, Available at SSRN: https://ssrn.com/abstract=3876932

Hess T. Chung (Contact Author)

Board of Governors of the Federal Reserve System ( email )

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Michael T. Kiley

affiliation not provided to SSRN

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Jean-Philippe Laforte

affiliation not provided to SSRN

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