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...
第一著者: | |
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その他の著者: | , , |
フォーマット: | 雑誌 |
言語: | English |
出版事項: |
Washington, D.C. :
International Monetary Fund,
2015.
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シリーズ: | IMF Working Papers; Working Paper ;
No. 2015/014 |
オンライン・アクセス: | Full text available on IMF |