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...
Príomhchruthaitheoir: | Billmeier, Andreas |
---|---|
Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2004.
|
Sraith: | IMF Working Papers; Working Paper ;
No. 2004/146 |
Rochtain ar líne: | Full text available on IMF |
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