Similar Search Results

Schätzung von Produktionspotenzial und -lücke: Eine Analyse des EU-Verfahrens und mögliche Verbesserungen

Ademmer, Martin; Boysen-Hogrefe, Jens; Carstensen, Kai; … - 2019

gap derived from the European Commission's estimation approach and suggests methodological improvements. …

Persistent link: https://www.econbiz.de/10011985218

Potential output estimations for Hungary: A survey of different approaches

Benk, Szilárd; Jakab, Zoltán M.; Vadas, Gábor - 2005

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...

Persistent link: https://www.econbiz.de/10010322392

Was kostet die Krise? Mittelfristige Wachstumsperspektiven in Deutschland, 2010 - 2014

Buchen, Teresa; Carstensen, Kai; Henzel, Steffen; … - 2010

2009 ist eine Diskussion darüber entbrannt, inwieweit die derzeitige Finanzkrise Einfluss auf die mittelfristigen … ist. Dazu wird das Produktionspotenzial im Rahmen einer Wachstumsbilanzierung unter Zuhilfenahme von strukturellen … Zeitreihenmodellen abgeschätzt. Die Ergebnisse deuten darauf hin, dass das Niveau des Produktionspotenzials aufgrund der Finanzkrise …

Persistent link: https://www.econbiz.de/10010427571

The production function approach to the Belgian output gap, Estimation of a Multivariate Structural Time Series Model

Moës, Philippe - 2006

A multivariate structural time series model is applied to the factor inputs of a production function (or components thereof) to estimate the Belgian output gap. The usefulness of capacity utilization is also investigated but the variable is not given a prominent status. The number of independent...

Persistent link: https://www.econbiz.de/10011506611

The 2008 Financial Crisis and Potential Output in Asia: Impact and Policy Implications

Yap, Josef T.; Majuca, Ruperto P.; Park, Cyn-Young - 2010

Monitoring the behavior of potential output helps policymakers implement appropriate policies in response to an economic crisis. In the short-run, estimates of the output gap will guide the timing of implementation and withdrawal of stimulus measures. In the medium- to long-term, these estimates...

Persistent link: https://www.econbiz.de/10011421169

Growth accounting for the euro area: a structural approach

Proietti, Tommaso; Musso, Alberto - 2007

This paper is concerned with the estimation of euro area potential output growth and its decomposition according to the … inflationary pressures on prices and wages. The structural model is further extended to allow for the estimation of potential …

Persistent link: https://www.econbiz.de/10011604850

The Federal Reserve's output gap: The unreliability of real-time realiability tests

Quast, Josefine; Wolters, Maik H. - 2023

Output gap revisions can be large even after many years. Real-time reliability tests might therefore be sensitive to the choice of the final output gap vintage that the real-time estimates are compared to. This is the case for the Federal Reserve's output gap. When accounting for revisions in...

Persistent link: https://www.econbiz.de/10013531826

The Federal Reserve's output gap: The unreliability of real‐time reliability tests

Quast, Josefine; Wolters, Maik H. - In: Journal of Applied Econometrics 38 (2023) 7, pp. 1101-1111

Output gap revisions can be large even after many years. Real‐time reliability tests might therefore be sensitive to the choice of the final output gap vintage that the real‐time estimates are compared to. This is the case for the Federal Reserve's output gap. When accounting for revisions...

Persistent link: https://www.econbiz.de/10014504460

World Economy Spring 2016 - Clouded outlook for the world economy

Gern, Klaus-Jürgen; Hauber, Philipp; Jannsen, Nils; … - 2016

Konjunktur derzeit außerdem durch eine erhöhte wirtschaftliche Unsicherheit. Die Zunahme der Weltproduktion gerechnet auf Basis …

Persistent link: https://www.econbiz.de/10012143285

Emerging market business cycles revisited: learning about the trend

Boz, Emine; Daude, Christian; Durdu, C. Bora - 2011

, our estimation for Mexico and Canada suggests more severe informational frictions in emerging markets than in developed …

Persistent link: https://www.econbiz.de/10010273643