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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Awduron Eraill: | |
Fformat: | Cylchgrawn |
Iaith: | English |
Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
2020.
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Cyfres: | IMF Working Papers; Working Paper ;
No. 2020/024 |
Mynediad Ar-lein: | Full text available on IMF |