A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic /
This paper presents a multivariate (MV) methodology for obtaining measures of excess demand that can facilitate discussion of monetary policy issues and improve policy decisions. Using data for the Czech Republic, a growing economy undergoing major structural change, it shows how the use of more inf...
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2004.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2004/045 |
| Accés en línia: | Full text available on IMF |