Potential Output Estimations for Hungary: A Survey of Different Approaches

This paper is a comprehensive analysis of Hungary’s potential output. Since the concept of potential output is not unique, we present various interpretations of potential GDP, along with a large set of techniques for estimating it. Various estimates are presented and robustness analyses are performed. Finally, an illustrative scenario is outlined for the forthcoming few years.

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Year of publication:	2005
Authors:	Benk, Szilárd ; Jakab, Zoltán M. ; Vadas, Gábor
Institutions:	Magyar Nemzeti Bank (MNB)
Subject:	potential output \| output gap \| production function \| business cycle \| filtering

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Extent:	application/pdf
Series:	MNB Occasional Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2005/43 48 pages
Classification:	E32 - Business Fluctuations; Cycles ; C22 - Time-Series Models ; C32 - Time-Series Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005178268