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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Tereanu, Eugen
Outros autores: Simone, Alejandro, Tuladhar, Anita
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/107
Acceso en liña:Full text available on IMF