Vietnam : Bayesian Estimation of Output Gap /
The paper constructs a new output gap measure for Vietnam by applying Bayesian methods to a two-equation AS-AD model, while treating the output gap as an unobservable series to be estimated together with other parameters. Model coefficients are easily interpretable, and the output gap series is cons...
Autor principal: | |
---|---|
Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2010.
|
Col·lecció: | IMF Working Papers; Working Paper ;
No. 2010/149 |
Accés en línia: | Full text available on IMF |