[grayclhn]

Small world, his office is the floor below mine :)

I think we probably agree then --- but this announcement isn't exactly a sea change in open science and policymaking. This model (or one very close to it) has been available on various people's webpages for a while [1], the research on estimating and using DGSE models for forecasting and policy-making has been well documented and openly discussed, etc. And the NY Fed has put out a lot of "accessible" information about features of the model and interpretations of its results.

[1]: http://sites.sas.upenn.edu/schorf/pages/working-papers