What Is in Your Output Gap? : Unified Framework and Decomposition into Observables /

This paper discusses several popular methods to estimate the 'output gap'. It provides a unified, natural concept for the analysis, and demonstrates how to decompose the output gap into contributions of observed data on output, inflation, unemployment, and other variables. A simple bar-cha...

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Bibliographic Details
Main Author: Andrle, Michal
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/105
Online Access:Full text available on IMF