Mind the Gap : What is the Best Measure of Slack in the Euro Area? /
Assessing the magnitude of the output gap is critical to achieving an optimal policy mix. Unfortunately, the gap is an unobservable variable, which, in practice, has been estimated in a variety of ways, depending on the preferences of the modeler. This model selection problem leads to a substantial...
Автор: | |
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Інші автори: | |
Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2001.
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Серія: | IMF Working Papers; Working Paper ;
No. 2001/203 |
Онлайн доступ: | Full text available on IMF |