Theory-Based Models
Theory-Based Models
Theory-Based Models
A policy rule linking the nominal interest rate to inflation and output gaps, giving a compact view of monetary reaction functions.
Theory-Based Models
Compare the current setup with up to two scenarios saved in this browser without overloading the route when the compare tray is still sparse.
Scenario tray
Current scenario
This is always the anchor column for the comparison view.
Save a scenario from the explore route in this browser to add more columns here.
Policy rate
4.50
Inflation gap
0.20
Inflation response
1.50
Output-gap response
0.50
Delta table
| Readout | Current scenario |
|---|---|
| Policy rate | 4.50 |
| Inflation gap | 0.20 |
| Inflation response | 1.50 |
| Output-gap response | 0.50 |