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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Billmeier, Andreas
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2004.
Cyfres:IMF Working Papers; Working Paper ; No. 2004/146
Mynediad Ar-lein:Full text available on IMF