Ghostbusting : Which Output Gap Measure Really Matters? /

This paper investigates various output gap measures in a simple inflation forecasting framework. Reflecting the cyclical position of an economy, an (unobservable) output gap has important implications for economic analysis. I construct and compare common output gap measures for five European countri...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Billmeier, Andreas
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2004.
Sarja:IMF Working Papers; Working Paper ; No. 2004/146
Linkit:Full text available on IMF