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...

詳細記述

書誌詳細
第一著者: Grigoli, Francesco
その他の著者: Di Bella, Gabriel, Herman, Alexander, Swiston, Andrew
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2015.
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