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A Comparison Of Alternative Methodologies For Estimating Potential Output And The Output Gap Electronic Resource
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Book Synopsis Alternative Methods of Estimating Potential Output and the Output Gap by : Valerie Cerra
Download or read book Alternative Methods of Estimating Potential Output and the Output Gap written by Valerie Cerra and published by International Monetary Fund. This book was released on 2000-03 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews a number of different methods that can be used to estimate potential output and the output gap. Measures of potential output and the output gap are useful to help identify the scope for sustainable noninflationary growth and to allow an assessment of the stance of macroeconomic policies. The paper then compares results from some of these methods to the case of Sweden, showing the range of estimates.
Book Synopsis Projecting Potential Output by : Sebastian Hauptmeier
Download or read book Projecting Potential Output written by Sebastian Hauptmeier and published by Springer Science & Business Media. This book was released on 2009-03-20 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of the widespread use of the concept of potential output in economic theory and empirical applications as well as in economic policy debates, the historical background and the assumptions inherent to this concept are rarely made transparent, let alone critically questioned. Against this background this book sets out to determine the extent to which the concept of potential output rests on clearly defined theoretical foundations and how far prevailing empirical quantification methods really provide reliable insights into potential output growth of an economy. In addition, the authors examine alternative methods for a forward-looking assessment of potential output growth.
Download or read book Estimating Potential Output written by and published by . This book was released on 2005 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Estimating Potential Output, Output Gaps and Structural Budget Balances by : Claude Giorno
Download or read book Estimating Potential Output, Output Gaps and Structural Budget Balances written by Claude Giorno and published by . This book was released on 1995 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Estimating Potential Output and the Output Gap in Slovakia by : Tetsuya Konuki
Download or read book Estimating Potential Output and the Output Gap in Slovakia written by Tetsuya Konuki and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Estimating Potential Output by : Nelson H. Barbosa Filho
Download or read book Estimating Potential Output written by Nelson H. Barbosa Filho and published by . This book was released on 2005 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Projecting Potential Output by : Sebastian Hauptmeier
Download or read book Projecting Potential Output written by Sebastian Hauptmeier and published by Physica. This book was released on 2009-08-29 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of the widespread use of the concept of potential output in economic theory and empirical applications as well as in economic policy debates, the historical background and the assumptions inherent to this concept are rarely made transparent, let alone critically questioned. Against this background this book sets out to determine the extent to which the concept of potential output rests on clearly defined theoretical foundations and how far prevailing empirical quantification methods really provide reliable insights into potential output growth of an economy. In addition, the authors examine alternative methods for a forward-looking assessment of potential output growth.
Book Synopsis Estimating Potential Output for the U.S. Economy in a Model Framework by : Albert J. Eckstein
Download or read book Estimating Potential Output for the U.S. Economy in a Model Framework written by Albert J. Eckstein and published by . This book was released on 1976 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Estimating Potential Output in Developing Countries by :
Download or read book Estimating Potential Output in Developing Countries written by and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Estimating potential output, output gaps and structural balances by : Claude; Richardson Giorno (Pete; Roseveare, Deborah)
Download or read book Estimating potential output, output gaps and structural balances written by Claude; Richardson Giorno (Pete; Roseveare, Deborah) and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Estimating Potential Output by : Paul Conway
Download or read book Estimating Potential Output written by Paul Conway and published by . This book was released on 1997 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Estimating Potential Output, Output Gaps and Structural Budget Balances by :
Download or read book Estimating Potential Output, Output Gaps and Structural Budget Balances written by and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Multivariate Filter Estimation of Potential Output for the Euro Area and the United States by : Ali; Bizimana Olivier; Domit Alichi (Silvia)
Download or read book Multivariate Filter Estimation of Potential Output for the Euro Area and the United States written by Ali; Bizimana Olivier; Domit Alichi (Silvia) and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Okun's Law, Development, and Demographics: Differences in the Cyclical Sensitivities of Unemployment Across Economy and Worker Groups by : Zidong An
Download or read book Okun's Law, Development, and Demographics: Differences in the Cyclical Sensitivities of Unemployment Across Economy and Worker Groups written by Zidong An and published by International Monetary Fund. This book was released on 2021-11-12 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: The negative and stable relationship between an economy’s aggregate demand conditions and overall unemployment is well-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and developing economies. Second, youth’s unemployment is twice as sensitive as that of adults’. Third, women’s unemployment is significantly less sensitive to demand than men’s in advanced economies. These findings point to the highly unequal impacts of the business cycle across worker and economy groups.
Book Synopsis Alternative Methods of Estimating Potential Output in Albania /Vasilika Kota by : Vasilika Kota
Download or read book Alternative Methods of Estimating Potential Output in Albania /Vasilika Kota written by Vasilika Kota and published by . This book was released on 2007 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Measurement of the Output Gap by : Pierre St.-Amant
Download or read book Measurement of the Output Gap written by Pierre St.-Amant and published by . This book was released on 1997 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses some methodologies for estimating potential output and the output gap that have recently been studied at the Bank of Canada. The assumptions and econometric techniques used by the different methodologies are discussed in turn, and applications to Canadian data are presented. The first group of methods considered are those that simply use some implicit or explicit assumptions about the dynamics of real output to identify the output gap, including the Hodrick and Prescott filter for identifying the cyclical component of output. The second group consists of approaches that combine their assumptions with information from assumed or structural relationships between the output gap and other economic variables. The third class of methods uses multivariate rather than univariate dynamic relationships, often in combination with structural relationships from economic theory, to estimate output gap as a particular transitory component of real output.
Book Synopsis Hysteresis and Business Cycles by : Ms.Valerie Cerra
Download or read book Hysteresis and Business Cycles written by Ms.Valerie Cerra and published by International Monetary Fund. This book was released on 2020-05-29 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
