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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Benes, Jaromir
Weitere Verfasser: N'Diaye, Papa
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2004.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2004/045
Online Zugang:Full text available on IMF