Clausen, Jens Richard; Meier, Carsten-Patrick - In: Swiss Journal of Economics and Statistics (SJES) 141 (2005) II, pp. 213-246
previous findings based on ex post revised data for the output gap, we find the reaction coefficients to resemble quite closely … those originally proposed by Taylor for some of our real-time measures of the output gap. Broad monetary aggregates such as …Using a real-time data set for German GDP over the period from 1973 to 1998 we calculate various measures of output …