Bowe, Frida; Friis, Inga Nielsen; Loneland, Atle; … - 2023
Bank, the emphasis in this paper will be on the empirical model systems for inflation and GDP. SMART builds on Norges Bank …'s forecasts from Monetary Policy Reports (MPR) and forecasts from other institutions (e.g. Statistics Norway). Overall, SMART … seems to provide good forecasts and will be a useful tool in the monetary policy process. …