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...
| Главный автор: | |
|---|---|
| Другие авторы: | , , |
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| Серии: | IMF Working Papers; Working Paper ;
No. 2015/014 |
| Online-ссылка: | Full text available on IMF |