Wednesday, May 25, 2016

Fed quants: How tight lending conditions affect economic slow-down

The Federal Reserve Bank of New York used its FRBNY DSGE economic model, which combines prior information about parameters with macroeconomic data. The model is designed to untangle economic data from channels such as households, firms, the financial sector and the government. http://www.housingwire.com/articles/37114-how-tighter-lending-conditions-affected-economic-slow-down ❤️ #share #mortgage



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