Structural Balance Targeting and Output Gap Uncertainty

Structural Balance Targeting and Output Gap Uncertainty
Potential output estimation plays a crucial role in conducting fiscal policy based on structural balances. Difficulties in estimating potential output could lead to an erroneous policy stance with a consequent impact on growth. This paper analyzes historical data on revisions ofactual and potential growth in the European Union and the... READ MORE...

Publication date: June 2014
ISBN 9781498305167
$18.00

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