Blar i Norges Banks vitenarkiv på forfatter "Canova, Fabio"
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Review of macro modelling for policy purposes at Norges Bank
Canova, Fabio; Furlanetto, Francesco; Smets, Frank; Wieland, Wolker (Occasional papers;55, Book, 2019)The evaluation team was given a mandate to assess whether the current set of models employed for monetary policy analysis and forecasting purposes (i) constitute best practice in the policy arena and in relation to recent ... -
Symbolic Stationarization of Dynamic Equilibrium Models
Canova, Fabio; Paulsen, Kenneth Sæterhagen (Working paper;18/2021, Working paper, 2021)Dynamic equilibrium models are specified to track time series with unit root-like behavior. Thus, unit roots are typically introduced and the optimality conditions adjusted. This step requires tedious algebra and often ...