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...
Tác giả chính: | |
---|---|
Định dạng: | Tạp chí |
Ngôn ngữ: | English |
Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2004.
|
Loạt: | IMF Working Papers; Working Paper ;
No. 2004/146 |
Truy cập trực tuyến: | Full text available on IMF |