Macroeconomic model reference

Satellite models Model

Smaller models that hang off the core macroeconometric system to handle housing, energy, financial conditions, or other special topics.

Empirical forecasting models · Sources

Satellite models sources, papers, and evidence trail

Primary papers, model variants, source notes, and review signals behind the Satellite models page.

References

Primary and official sources

First-party releases, central-bank materials, official statistical agencies, and institutional documents.

  1. [S1] European Central Bank

    Dieppe, Gonzalez Pandiella, and Willman (2012) -- ECB multi-country model with satellite modules for trade, labor, and fiscal projections

    Primary - European Central Bank

  2. [S2] Bank of England

    Aron et al. (2012) -- Bank of England's COMPASS model with housing and financial satellites feeding into the semi-structural core

    Primary - Bank of England

Reference sources

Reference material used for orientation; read primary and academic sources first when claims conflict.

  1. [S3] Reference

    Covas, Rump, and Zakrajsek (2014) -- Fed stress-testing methodology: satellite models for bank credit losses conditioned on macro scenarios

    Reference

  2. [S4] Reference

    Hammersland and Traee (2014) -- Norges Bank's satellite model suite: housing, petroleum, labor, and fiscal modules linked to NEMO

    Reference

  3. [S5] Reference

    NGFS (2022) -- Climate scenario design: macro core scenarios with sector-level satellite modules for physical and transition risk assessment

    Reference

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