(2017), “The Need for Different Classes of Macroeconomic Models”, Peterson Institute for International Economics Real Time Economic Issues Watch, 12 January 2017. [25]  Brayton, F. and P. A. Tinsley (1996), "A guide to FRB/US: a macroeconomic model of the United States", Finance and Economics Discussion Series 96-42, Board of Governors of the Federal Reserve System.
Such structural reforms should target improvements in competitiveness and adjustment capacities, as well as aim to increase sustainable growth and employment. We are now at your disposal for questions. BIS central bankers’ speeches  3