The Federal Reserve Board has made its FRB/US general equilibrium model of the U.S. economy available for public download. The model, used for forecasting and policy analysis since 1996, incorporates detailed product and income sides of national accounts and allows analysts to switch between two expectation‑forming methods: a VAR‑based average‑history approach and a model‑consistent simulation of FRB/US itself. In April 2022 the Board released a fully functional Python version, in addition to the existing EViews code, enabling researchers to run simulations and solve the model with either expectation type. A linearized version, LINVER, is also available and is commonly used for large‑scale experiments because it reduces computational cost. Documentation, data, and code are accessible via links on the Board’s website.
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