Steady as She Goes-Estimating Potential Output During Financial 'Booms and Busts' /

Potential output-in the sense of the GDP level or path an economy can sustain over the medium term-is a crucial benchmark for policymakers. However, it is difficult to estimate when financial 'booms and busts' are driving the real economy. This paper uses a simple multivariate filtering ap...

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Detalles Bibliográficos
Autor principal: Berger, Helge
Otros Autores: Dowling, Thomas, Lanau, Sergi, Mrkaic, Mico
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2015.
Colección:IMF Working Papers; Working Paper ; No. 2015/233
Acceso en línea:Full text available on IMF