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Persistent link: https://www.econbiz.de/10001388304
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In this paper, the authors survey some of the recent techniques proposed in the literature to measure the trend component of output or potential output. Given the reported shortcomings of mechanical filters and univariate approaches to estimate potential output, the paper focusses on three...
Persistent link: https://www.econbiz.de/10005162393
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Persistent link: https://www.econbiz.de/10007686573
In this paper, the authors survey some of the recent techniques proposed in the literature to measure the trend component of output or potential output. Given the reported shortcomings of mechanical filters and univariate approaches to estimate potential output, the paper focuses on three simple...
Persistent link: https://www.econbiz.de/10014074005