A theory-consistent system approach for estimating potential output and the NAIRU

Mikael Apel, Per Jansson

A new approach is proposed for estimating potential output and the NAIRU. Identification is achieved using Okun's law and a Phillips curve. The performance of the methodology is exemplified using data from Canada, the UK, and the US.

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Year of publication:	November 1998
Authors:	Apel, Mikael ; Jansson, Per
Publisher:	[Stockholm] : [Sveriges Riksbank]
Subject:	NAIRU \| Okun's law \| Phillips curve \| Potential output \| Unobserved-components models \| Natürliche Arbeitslosenquote \| Natural rate of unemployment \| Phillips-Kurve \| Produktionspotenzial \| Schätzung \| Estimation \| Kanada \| Canada \| Großbritannien \| United Kingdom \| USA \| United States \| 1970-1998

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Extent:	1 Online-Ressource (circa 8 Seiten) Illustrationen
Series:	Sveriges Riksbank working paper series. - Stockholm : [Verlag nicht ermittelbar], ZDB-ID 2235780-4. - Vol. [74]
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/82452 [Handle]
Classification:	C32 - Time-Series Models ; E32 - Business Fluctuations; Cycles
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011584531