The Role of Expectations in the FRB/US Macroeconomic Model Flint Brayton, Eileen Mauskopf, David Reifschneider, affect the economy today. Similarly, the FRB/US Peter Tinsley, and John Williams, of the Board&rsquo ...
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...The role of expectations in frb us macroeconomic model flint brayton eileen mauskopf david reifschneider affect economy today similarly peter tinsley and john williams board s modelcanbeusedtoexaminetheextenttowhichthe division research statistics prepared this consequences for ination a sharp increase article brian doyle steven sumner provided price oil depend on course monetary policy assistance anticipated by public past year staff governors federal reserve system began using new models u referred to as mathemati play an important economic cal equations describing interactions among eco theories that underpin most nomic measures such interest rates planning future is central part gross domestic product gdp used life need make decisions about type car forecasting analysis pol buy amount education pursue icy issues at fraction income save forces households think replaces mps which choices sense not just with periodic revisions had been but years into business key rms deciding where lo...