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.

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

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

[S3] Reference
Covas, Rump, and Zakrajsek (2014) -- Fed stress-testing methodology: satellite models for bank credit losses conditioned on macro scenarios
Reference
[S4] Reference
Hammersland and Traee (2014) -- Norges Bank's satellite model suite: housing, petroleum, labor, and fiscal modules linked to NEMO
Reference
[S5] Reference
NGFS (2022) -- Climate scenario design: macro core scenarios with sector-level satellite modules for physical and transition risk assessment
Reference

Open the concept, data series, policy setting, or neighboring model that anchors this page.

Data-Driven Models

References

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

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

[S3] Reference
Covas, Rump, and Zakrajsek (2014) -- Fed stress-testing methodology: satellite models for bank credit losses conditioned on macro scenarios
Reference
[S4] Reference
Hammersland and Traee (2014) -- Norges Bank's satellite model suite: housing, petroleum, labor, and fiscal modules linked to NEMO
Reference
[S5] Reference
NGFS (2022) -- Climate scenario design: macro core scenarios with sector-level satellite modules for physical and transition risk assessment
Reference