Rueda, Acevedo; Alexis, Rafael; Mora Mora, José U.; … - Volkswirtschaftliche Fakultät, … - 2012
This paper estimates the GDP gap in Venezuela by means of the structural VAR methodology and the Blanchard and Quah … gap between real and potential GDP at the beginning of the period, it tends to narrow towards the end of the period as a … result of the rise in oil prices. The GDP gap out of sample forecast shows that this gap, eventually, could fall as a result …