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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Další autoři: | , |
Médium: | Časopis |
Jazyk: | English |
Vydáno: |
Washington, D.C. :
International Monetary Fund,
2014.
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Edice: | IMF Working Papers; Working Paper ;
No. 2014/107 |
On-line přístup: | Full text available on IMF |