Structural Balance Targeting and Output Gap Uncertainty /

Potential output estimation plays a crucial role in conducting fiscal policy based on structural balances. Difficulties in estimating potential output could lead to an erroneous policy stance with a consequent impact on growth. This paper analyzes historical data on revisions of actual and potential...

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Autor principal: Tereanu, Eugen
Altres autors: Simone, Alejandro, Tuladhar, Anita
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2014.
Col·lecció:IMF Working Papers; Working Paper ; No. 2014/107
Accés en línia:Full text available on IMF