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

WP/13/105

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

Publication date: May 2013
ISBN 9781484399552
$18.00

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Publication date: May 2013

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Publication date: May 2013

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