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|c 5.00 USD
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|z 9781475578256
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|a 1934-7685
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
|b Middle East and Central Asia Dept.
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|a Guatemala :
|b Selected Issues and Analytical Notes.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2013.
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|a 1 online resource (39 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This Selected Issues paper estimates both Guatemala's potential output and output gap using a wide range of econometric techniques. The analysis suggests that Guatemala's potential output growth is about 3.5 percent for the whole sample period and that the output gap is almost closed. Results are highly robust among different methodologies. Among the methods used, several well-known time series filters and two different estimations of a state-space model are included. Additionally, a test for structural breaks in the series of potential GDP is presented. All methodologies conclude that the output gap at the end of 2012 is almost closed at -0.2 percent of potential GDP.
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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 2013/248
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/2013/248/002.2013.issue-248-en.xml
|z IMF e-Library
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