Assessment of the plausibility of the output gap estimates

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Authors and Corporations:

Hristov, Atanas (Author), Raciborski, Rafal (Author), Vandermeulen, Valerie (Author), Europäische Kommission Generaldirektion Wirtschaft und Finanzen (Issuing body)

Other Authors:

Raciborski, Rafal [Author] • Vandermeulen, Valerie [Author]

Type of Resource:

E-Book

Language:

English

published:

Luxembourg Publications Office of the European Union 2017

Series:

European economy ; 023 (April 2017)

Subjects:

economic model

econometrics

macroeconomics

economic analysis

majority voting

economic cycle

Graue Literatur

Source:

Verbunddaten SWB
Lizenzfreie Online-Ressourcen

ISBN:

9789279648403

License:

Reproduction is authorised provided the source is acknowledged. For any use or reproduction of photos or other material that is not under the EU copyright, permission must be sought directly from the copyright holders

Description
Summary:	This economic brief provides a self-contained guide on the new Plausibility Tool, being a part of the constrained discretion approach to improving the Production Function methodology for calculating potential output and output gaps. It explains the macroeconomic model and its rationale, reports the results obtained with the tool during the ECFIN 2016 Autumn Forecast and provides their economic interpretation.
Physical Description:	1 Online-Ressource (circa 14 Seiten); Illustrationen
ISBN:	9789279648403
DOI:	10.2765/33035
Access:	Open Access