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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Autore principale: Tereanu, Eugen
Altri autori: Simone, Alejandro, Tuladhar, Anita
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2014.
Serie:IMF Working Papers; Working Paper ; No. 2014/107
Accesso online:Full text available on IMF