Work

NEMO – a New Macro Model for Forecasting and Monetary Policy Analysis

Year: 2009

Type: article

Abstract: Macroeconomic 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.

Source: NORA - Norwegian Open Research Archives

Authors: Leif Brubakk, Tommy Sveen

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2889542120

FWCI: 4.064

Cites: 9

Cited by: 20

Related to: 10