Measuring a Roller Coaster : Evidenceon the Finnish Output Gap

Evidenceon the Finnish Output Gap

Measuring a Roller Coaster : Evidenceon the Finnish Output Gap
The output gap-which measures the deviation of actual output from its potential-is frequently used as an indicator of slack in an economy. This paper estimates the Finnish output gap using various empirical methods. It evaluates these methods against economic history and each other by a simulated out-of-sample forecasting exercise for Finnish... READ MORE...

Publication date: April 2004
ISBN 9781451847802
$15.00

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