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...

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Xehetasun bibliografikoak
Egile nagusia: Billmeier, Andreas
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