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...
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| Інші автори: | , , |
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Серія: | IMF Working Papers; Working Paper ;
No. 2015/014 |
| Онлайн доступ: | Full text available on IMF |