A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic:
This paper presents a multivariate (MV) methodology for obtaining measures of excess demand that can facilitate discussion of monetary policy issues and improve policy decisions. Using data for the Czech Republic, a growing economy undergoing major structural change, it shows how the use of more inf...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
2004
|
| Series: | IMF Working Papers
Working Paper No. 04/45 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | This paper presents a multivariate (MV) methodology for obtaining measures of excess demand that can facilitate discussion of monetary policy issues and improve policy decisions. Using data for the Czech Republic, a growing economy undergoing major structural change, it shows how the use of more information to condition the paths of potential output and the non accelerating inflation rate of unemployment (NAIRU) improves on univariate methods as the Hodrick-Prescott (HP) filter |
| Physical Description: | 1 Online-Ressource (31 p) |
| ISBN: | 1451846509 9781451846508 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:29Z |
| indexdate | 2024-07-10T09:35:38Z |
| institution | BVB |
| isbn | 1451846509 9781451846508 |
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| physical | 1 Online-Ressource (31 p) |
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| publishDate | 2004 |
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| spelling | Benes, Jaromir Verfasser aut A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic Benes, Jaromir Washington, D.C International Monetary Fund 2004 1 Online-Ressource (31 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/45 This paper presents a multivariate (MV) methodology for obtaining measures of excess demand that can facilitate discussion of monetary policy issues and improve policy decisions. Using data for the Czech Republic, a growing economy undergoing major structural change, it shows how the use of more information to condition the paths of potential output and the non accelerating inflation rate of unemployment (NAIRU) improves on univariate methods as the Hodrick-Prescott (HP) filter Online-Ausg N'Diaye, Papa M'B. P. Sonstige oth http://elibrary.imf.org/view/IMF001/00073-9781451846508/00073-9781451846508/00073-9781451846508.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Benes, Jaromir A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic |
| title | A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic |
| title_auth | A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic |
| title_exact_search | A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic |
| title_exact_search_txtP | A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic |
| title_full | A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic Benes, Jaromir |
| title_fullStr | A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic Benes, Jaromir |
| title_full_unstemmed | A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic Benes, Jaromir |
| title_short | A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic |
| title_sort | a multivariate filter for measuring potential output and the nairu application to the czech republic |
| url | http://elibrary.imf.org/view/IMF001/00073-9781451846508/00073-9781451846508/00073-9781451846508.xml |
| work_keys_str_mv | AT benesjaromir amultivariatefilterformeasuringpotentialoutputandthenairuapplicationtotheczechrepublic AT ndiayepapambp amultivariatefilterformeasuringpotentialoutputandthenairuapplicationtotheczechrepublic |