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...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2010.
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Series: | IMF Working Papers; Working Paper ;
No. 2010/149 |
Online Access: | Full text available on IMF |