policy analysis and forecasting. NEMO has been used to identify the sources of business cycle fluctuations in Norway, to … been re-calibrated and re-estimated to reflect economic conditions since the introduction of inflation targeting in 2001 … historical shock and forecast-error-variance decompositions, and assessing its forecasting performance against a suite of …

impulse responses and variance decompositions, a DSGE-VAR to assess misspecifications, and results of forecasting experiments …. The model is one of the tools used for policy analysis and forecasting at the Swiss National Bank. …