The Bank of England Quarterly Model

By Richard Harrison, Kalin Nikolov, M. Quinn, G. Ramsay, Alasdair M. Scott. 2005

188 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/ae58e830586936fd232491d04d211ef881854df5

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Citations in the corpus

Retroduction as mixed-methods triangulation in economic research: Reorienting economics into social science (2006, methodology): “It is in this context that triangulation occurs in economics, for example, in the forms of triangulation by economic policy forecasters, as discussed above (such as the Bank of England), who adopt multiple methods, perspectives (to some extent) and data as a response to poor past predictive performa”
SIGMA: a new open economy model for policy analysis (2005, unknown): “The Bank of England’s new model “BEQM” is described by Harrison et al. (2005). and adjustment costs in investment.”
DSGE Models and Central Banks (2009, methodology): “For a list of articles describing these models see Castillo et al (2009), Laxton (2008), Pesenti (2008), Adolfson et al (2007 a,b,c), Christoffel et al (2007), Kumhof and Laxton (2007), Medina and Soto (2007a), Brubakk et al (2006), Erceg et al (2006) and Harrison et al (2005).”
How Has the Monetary Transmission Mechanism Evolved Over Time (2010, unknown): “It is also a standard feature in large scale macroeconometric models developed at central banks for other countries: Examples include the ECB’s Area-Wide-Model (Fagan, Henry, and Mestre, 2005, and Bank of England’s Quarterly Model, Harrison et al, 2005).”
Macroprudential Policy - A Literature Review (2012, unknown): “For example, the Bank of England developed a DSGE model to help the Monetary Policy Committee in producing economic projections, which does not include financial intermediation or financial frictions (Harrison et al., 2005).”
New Consensus Macroeconomics: A Critical Appraisal (2009, background): “It is also true to say that it draws heavily on the so-called new Keynesian economics [see Meyer (2001) for an introduction; Woodford (2003) for very detailed elaboration, albeit using the term neo-Wicksellian; and the Bank of England (2005) for a model along NCM lines in the context of building a m”