Bassanetti, Antonio; Caivano, Michele; Locarno, Alberto - Dipartimento del Tesoro, Ministero dell'Economia e … - 2013
assess also the performance of output gap estimates obtained by combining the four original indicators, using either equal … that accurately describe the Italian business cycle over the past three decades. All output gap measures are subject to non …The aim of the paper is to estimate a reliable quarterly time-series of potential output for the Italian economy …