Estimating Potential Output and the Output Gap in Slovakia:
This paper estimates potential output and the output gap for Slovakia which enjoyed rapid growth with few signs of economic overheating in recent years. It applies two broad sets of approaches: conventional methods, represented by a statistical method and a production function approach; and a multiv...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2008
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Schriftenreihe: | IMF Working Papers
Working Paper No. 08/275 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper estimates potential output and the output gap for Slovakia which enjoyed rapid growth with few signs of economic overheating in recent years. It applies two broad sets of approaches: conventional methods, represented by a statistical method and a production function approach; and a multivariate (MV) Kalman filter method. The MV Kalman filter method produces estimates of excess demand that portray much more sensibly the situation in recent years in Slovakia than the conventional methods, because it can use more information to condition the paths of potential output |
Beschreibung: | 1 Online-Ressource (22 p) |
ISBN: | 1451871333 9781451871333 |
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index_date | 2024-07-03T20:13:25Z |
indexdate | 2024-07-10T09:35:33Z |
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spelling | Konuki, Tetsuya Verfasser aut Estimating Potential Output and the Output Gap in Slovakia Konuki, Tetsuya Washington, D.C International Monetary Fund 2008 1 Online-Ressource (22 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 08/275 This paper estimates potential output and the output gap for Slovakia which enjoyed rapid growth with few signs of economic overheating in recent years. It applies two broad sets of approaches: conventional methods, represented by a statistical method and a production function approach; and a multivariate (MV) Kalman filter method. The MV Kalman filter method produces estimates of excess demand that portray much more sensibly the situation in recent years in Slovakia than the conventional methods, because it can use more information to condition the paths of potential output Online-Ausg http://elibrary.imf.org/view/IMF001/09783-9781451871333/09783-9781451871333/09783-9781451871333.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Konuki, Tetsuya Estimating Potential Output and the Output Gap in Slovakia |
title | Estimating Potential Output and the Output Gap in Slovakia |
title_auth | Estimating Potential Output and the Output Gap in Slovakia |
title_exact_search | Estimating Potential Output and the Output Gap in Slovakia |
title_exact_search_txtP | Estimating Potential Output and the Output Gap in Slovakia |
title_full | Estimating Potential Output and the Output Gap in Slovakia Konuki, Tetsuya |
title_fullStr | Estimating Potential Output and the Output Gap in Slovakia Konuki, Tetsuya |
title_full_unstemmed | Estimating Potential Output and the Output Gap in Slovakia Konuki, Tetsuya |
title_short | Estimating Potential Output and the Output Gap in Slovakia |
title_sort | estimating potential output and the output gap in slovakia |
url | http://elibrary.imf.org/view/IMF001/09783-9781451871333/09783-9781451871333/09783-9781451871333.xml |
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