Conditional Forecast

Usually the idea is that you can control these shocks, i.e. they are policy instruments. Say you want to keep GDP at 1 percent above trend. What is the sequence of monetary policy shocks, i.e. deviations from the standard monetary policy rule, that are necessary to achieve this.

I am not aware of a reference. You can find a description of what is going on at [Understanding the Conditional Forecast)