Search Results for output gap

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This paper examines how durable goods and financial frictions shape the business cycle of a small...

To mitigate systemic risk, some regulators have advocated the greater use of centralized...

This paper uses Engel curves to estimate real income growth in Brazil. The estimated per capita...

Partly reflecting structural advantages such a liquidity and strong investor protection,...

We propose using a Bayesian time-varying coefficient model estimated with Markov chain-Monte...

This paper reviews recent advances in the specification and estimation of Bayesian Vector...