Estimating Potential Output for New Zealand

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Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Estimating Potential Output for New Zealand by : Iris Claus

Download or read book Estimating Potential Output for New Zealand written by Iris Claus and published by . This book was released on 2000 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Projecting Potential Output

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Publisher : Springer Science & Business Media
ISBN 13 : 3790821764
Total Pages : 201 pages
Book Rating : 4.7/5 (98 download)

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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.

Estimating Potential Output

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ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.3/5 ( download)

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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:

Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis

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Publisher : International Monetary Fund
ISBN 13 : 1455200867
Total Pages : 24 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis by : Mr.Yan Sun

Download or read book Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis written by Mr.Yan Sun and published by International Monetary Fund. This book was released on 2010-05-01 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a production function method, this paper assesses the impact of the global crisis on the potential growth of Australia and New Zealand. The two countries have not been hit hard by the global crisis, but have large net external liabilities. The paper finds that the main negative impact of the global crisis is likely to come through higher costs of capital, offset partly by a higher return to capital from strong demand for commodities by emerging Asia. It estimates medium-term potential growth of about 3 percent for Australia and 2. percent for New Zealand, higher than that of many other advanced economies.

Estimating Potential Output with a Multivariate Filter

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Publisher : International Monetary Fund
ISBN 13 : 1455210927
Total Pages : 39 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis Estimating Potential Output with a Multivariate Filter by : International Monetary Fund

Download or read book Estimating Potential Output with a Multivariate Filter written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-12-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a simple model for measuring potential output that uses data on inflation, unemployment, and capacity utilization. We apply the model to 10 countries, in addition to the United States and the euro area. While there is a substantial amount of uncertainty around our estimates, we find that the financial crisis has resulted in a reduction in potential output.

OECD Economic Surveys: New Zealand 1998

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Publisher : OECD Publishing
ISBN 13 : 9264151419
Total Pages : 200 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis OECD Economic Surveys: New Zealand 1998 by : OECD

Download or read book OECD Economic Surveys: New Zealand 1998 written by OECD and published by OECD Publishing. This book was released on 1998-06-11 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1998 edition of OECD's periodic economic review of New Zealand examines recent economic developments, policies and prospects and includes a special feature on financial market reform.

IMF Estimates of Potential Output

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Publisher : International Monetary Fund
ISBN 13 : 1451974981
Total Pages : 15 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis IMF Estimates of Potential Output by : Ms.Paula De Masi

Download or read book IMF Estimates of Potential Output written by Ms.Paula De Masi and published by International Monetary Fund. This book was released on 1997-12-01 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concepts of potential output and the output gap are central to the IMF’s analytical work in providing policy recommendations to member governments. This key role has stimulated research at the IMF to develop and refine estimation techniques. This paper summarizes the methodology and results of IMF research on potential output, which has focused mainly on the industrial countries but more recently has addressed issues related to developing countries and countries in transition. It then discusses the approaches that country desk officers use for operational purposes, and presents estimates of potential output for the major industrial countries.

What Is in Your Output Gap? Unified Framework & Decomposition into Observables

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Publisher : International Monetary Fund
ISBN 13 : 1484360516
Total Pages : 45 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis What Is in Your Output Gap? Unified Framework & Decomposition into Observables by : Michal Andrle

Download or read book What Is in Your Output Gap? Unified Framework & Decomposition into Observables written by Michal Andrle and published by International Monetary Fund. This book was released on 2013-05-10 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses several popular methods to estimate the ‘output gap’. It provides a unified, natural concept for the analysis, and demonstrates how to decompose the output gap into contributions of observed data on output, inflation, unemployment, and other variables. A simple bar-chart of contributing factors, in the case of multi-variable methods, sharpens the intuition behind the estimates and ultimately shows ‘what is in your output gap.’ The paper demonstrates how to interpret effects of data revisions and new data releases for output gap estimates (news effects) and how to obtain more insight into real-time properties of estimators.

Estimates of the Output Gap in Real Time

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Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Estimates of the Output Gap in Real Time by : Michael Graff

Download or read book Estimates of the Output Gap in Real Time written by Michael Graff and published by . This book was released on 2004 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

OECD Economic Surveys: New Zealand 1999

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Publisher : OECD Publishing
ISBN 13 : 9264167307
Total Pages : 139 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis OECD Economic Surveys: New Zealand 1999 by : OECD

Download or read book OECD Economic Surveys: New Zealand 1999 written by OECD and published by OECD Publishing. This book was released on 1999-06-21 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1999 edition of OECD's periodic reviews of New Zealand's economy includes special features on structural policies and the economic strategy.

New Zealand: Selected Issues

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Publisher : International Monetary Fund
ISBN 13 : 1513572954
Total Pages : 52 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis New Zealand: Selected Issues by : International Monetary

Download or read book New Zealand: Selected Issues written by International Monetary and published by International Monetary Fund. This book was released on 2021-05-05 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected Issues

Inflation Targeting Under Potential Output Uncertainty

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Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Inflation Targeting Under Potential Output Uncertainty by : Victor Gaiduch

Download or read book Inflation Targeting Under Potential Output Uncertainty written by Victor Gaiduch and published by . This book was released on 2000 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Spectral Analysis of New Zealand Output Gaps Using Fourier and Wavelet Techniques

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis A Spectral Analysis of New Zealand Output Gaps Using Fourier and Wavelet Techniques by : Paul Conway

Download or read book A Spectral Analysis of New Zealand Output Gaps Using Fourier and Wavelet Techniques written by Paul Conway and published by . This book was released on 2000 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding Economic Growth A Macro-level, Industry-level, and Firm-level Perspective

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Publisher : OECD Publishing
ISBN 13 : 9264019332
Total Pages : 165 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Understanding Economic Growth A Macro-level, Industry-level, and Firm-level Perspective by : OECD

Download or read book Understanding Economic Growth A Macro-level, Industry-level, and Firm-level Perspective written by OECD and published by OECD Publishing. This book was released on 2004-03-26 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a unique tool providing facts, figures and analysis of economic growth in OECD countries. The analysis focuses on the growth patterns of OECD countries during the last decade and identifies the fundamental drivers of growth.

New Zealand

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Publisher : International Monetary Fund
ISBN 13 : 151351475X
Total Pages : 65 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis New Zealand by : International Monetary Fund. Asia and Pacific Dept

Download or read book New Zealand written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2019-09-20 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation with New Zealand discusses that economic growth picked up in early 2019 after slowing in the second half of 2018. The pickup mostly reflected a rebound in private business investment growth. Residential investment also strengthened, notwithstanding cooling housing markets. Bank lending continued to slow across all sectors, growing now broadly in line with nominal gross domestic product. The recent monetary policy easing fits the subdued inflation conditions and near-term risks to the outlook. Economic growth is only expected to remain close to potential on the back of a timely increase in macroeconomic policy support. The proposed higher capital conservation buffers would provide for a welcome increase in banking system resilience. The new requirements would increase bank capital to levels that are commensurate with the systemic financial risks emanating from the banking system. The new framework should also differentiate more between large and small banks. A stronger bank supervision regime would still be needed, to complement the higher capital requirements.

OECD Economic Surveys: New Zealand 2003

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Publisher : OECD Publishing
ISBN 13 : 9264105905
Total Pages : 205 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis OECD Economic Surveys: New Zealand 2003 by : OECD

Download or read book OECD Economic Surveys: New Zealand 2003 written by OECD and published by OECD Publishing. This book was released on 2003-12-09 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2003 Ecoomic Survey of New Zealand covers key challenges, macroeconomic developments and policies, sustainable development, and innovation. It includes a special feature on migration.

Still Minding the Gap—Inflation Dynamics during Episodes of Persistent Large Output Gaps

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Publisher : International Monetary Fund
ISBN 13 : 1455202231
Total Pages : 38 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis Still Minding the Gap—Inflation Dynamics during Episodes of Persistent Large Output Gaps by : Mr.Andre Meier

Download or read book Still Minding the Gap—Inflation Dynamics during Episodes of Persistent Large Output Gaps written by Mr.Andre Meier and published by International Monetary Fund. This book was released on 2010-08-01 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies inflation dynamics during 25 historical episodes in advanced economies where output remained well below potential for an extended period. We find that such episodes generally brought about significant disinflation, underpinned by weak labor markets, slowing wage growth, and, in many cases, falling oil prices. Indeed, inflation declined by about the same fraction of the initial inflation rate across episodes. That said, disinflation has tended to taper off at very low positive inflation rates, arguably reflecting downward nominal rigidities and well-anchored inflation expectations. Temporary inflation increases during episodes were, in turn, systematically related to currency depreciation or higher oil prices. Overall, the historical patterns suggest little upside inflation risk in advanced economies facing the prospect of persistent large output gaps.