Series: IMF Working Papers
Author(s): Nienke Oomes , and Oksana Dynnikova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2006
Keywords: Output gap, natural rate, Phillips curve, Russia, survey, surveys, equation, sample size,
This paper estimates the output gap in Russia using a utilization-adjusted production function approach, which we argue is preferable to traditional output gap methods. The approach amounts to (1) using available s...