FRB economic models

The Federal Reserve Board has posted links to informative articles regarding two tools it utilizes to predict the economy. The FRB/US Model is a large-scale estimated general equilibrium model of the U.S. economy that has been in use at the Federal Reserve Board since 1996. The model is designed for detailed analysis of monetary and fiscal policies. The Estimated Dynamic Optimization (EDO) Model is a medium-scale New Keynesian dynamic stochastic general equilibrium (DSGE) model of the U.S. economy that has been used at the Federal Reserve Board since 2006.