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...
Egile nagusia: | |
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Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2004.
|
Saila: | IMF Working Papers; Working Paper ;
No. 2004/146 |
Sarrera elektronikoa: | Full text available on IMF |