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...
| Autor principal: | |
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2004.
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| coleção: | IMF Working Papers; Working Paper ;
No. 2004/146 |
| Acesso em linha: | Full text available on IMF |