Output Gap Uncertainty and Real-Time Monetary Policy /

Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that countr...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Grigoli, Francesco
מחברים אחרים: Di Bella, Gabriel, Herman, Alexander, Swiston, Andrew
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2015.
סדרה:IMF Working Papers; Working Paper ; No. 2015/014
גישה מקוונת:Full text available on IMF