Measuring Output Gap : Is It Worth Your Time? /

Measuring Output Gap : Is It Worth Your Time? /

We apply a range of models to the U.K. data to obtain estimates of the output gap. A structural VAR with an appropriate identification strategy provides improved estimates of output gap with better real time properties and lower sensitivity to temporary shocks than the usual filtering techniques. It...

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Bibliografiske detaljer
Hovedforfatter:	Chen, Jiaqian
Andre forfattere:	Gornicka, Lucyna
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2020.
Serier:	IMF Working Papers; Working Paper ; No. 2020/024
Online adgang:	Full text available on IMF

Lignende værker

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