Calibration
Setting model parameters to reference values or stylized facts rather than estimating every one directly from data.
No alternate label listed.
Glossary
Macro terms, data terms, and platform terms in one place
Search matches term names, aliases, categories, and definitions.
Platform-specific workflow terms are marked separately from standard macro vocabulary.
Models and projections
Setting model parameters to reference values or stylized facts rather than estimating every one directly from data.
The reference equilibrium or benchmark level around which many macro models are organized.