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How Informative Are Real Time Output Gap Estimates in Europe?

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How Informative Are Real Time Output Gap Estimates in Europe? »

Source: How Informative Are Real Time Output Gap Estimates in Europe?

Volume/Issue: 2019/200

Series: IMF Working Papers

Author(s): Alvar Kangur , Koralai Kirabaeva , Jean-Marc Natal , and Simon Voigts

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2019

ISBN: 9781513512549

Keywords: Real interest rates, Economic theory, Potential output, Structural fiscal balance, Capacity utilization, Business Cycles, Fiscal Policy, Monetary Policy, WP, output gap

We study the properties of the IMF-WEO estimates of real-time output gaps for countries in the euro area as well as the determinants of their revisions over 1994-2017. The analysis shows that staff typically saw ec...

How Informative Are Real Time Output Gap Estimates in Europe?

New
How Informative Are Real Time Output Gap Estimates in Europe? »

Volume/Issue: 2019/200

Series: IMF Working Papers

Author(s): Alvar Kangur , Koralai Kirabaeva , Jean-Marc Natal , and Simon Voigts

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2019

DOI: http://dx.doi.org/10.5089/9781513512549.001

ISBN: 9781513512549

Keywords: Real interest rates, Economic theory, Potential output, Structural fiscal balance, Capacity utilization, Business Cycles, Fiscal Policy, Monetary Policy, WP, output gap

We study the properties of the IMF-WEO estimates of real-time output gaps for countries in the euro area as well as the determinants of their revisions over 1994-2017. The analysis shows that staff typically saw ec...

Euro Area Policies: 2019 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Member Countries

Euro Area Policies: 2019 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Member Countries »

Source: Euro Area Policies : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

Volume/Issue: 2019/219

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 July 2019

ISBN: 9781498325073

Keywords: External sector, Real sector, Fiscal policy, Monetary policy, Supply and demand, euro area, trade tension, potential growth, medium term, output gap

After a sharp slowdown starting in 2018, euro area growth is expected to recover over the course of 2019. However, mounting downside risks from global trade tensions, a no-deal Brexit, and market concerns about cou...

IMF Executive Board Concludes 2019 Article IV Consultation on Euro Area Policies

IMF Executive Board Concludes 2019 Article IV Consultation on Euro Area Policies »

Source: Euro Area Policies : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

Volume/Issue: 2019/219

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 July 2019

ISBN: 9781498325073

Keywords: External sector, Real sector, Fiscal policy, Monetary policy, Supply and demand, euro area, trade tension, potential growth, medium term, output gap

After a sharp slowdown starting in 2018, euro area growth is expected to recover over the course of 2019. However, mounting downside risks from global trade tensions, a no-deal Brexit, and market concerns about cou...

Euro Area Policies
			: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

Euro Area Policies : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries »

Volume/Issue: 2019/219

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 July 2019

DOI: http://dx.doi.org/10.5089/9781498325073.002

ISBN: 9781498325073

Keywords: External sector, Real sector, Fiscal policy, Monetary policy, Supply and demand, euro area, trade tension, potential growth, medium term, output gap

After a sharp slowdown starting in 2018, euro area growth is expected to recover over the course of 2019. However, mounting downside risks from global trade tensions, a no-deal Brexit, and market concerns about cou...

Statement by Anthony De Lannoy, Executive Director for the Dutch-Belgian Constituency on behalf of the Euro Area Authorities July 8, 2019

Statement by Anthony De Lannoy, Executive Director for the Dutch-Belgian Constituency on behalf of the Euro Area Authorities July 8, 2019 »

Source: Euro Area Policies : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

Volume/Issue: 2019/219

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 July 2019

ISBN: 9781498325073

Keywords: External sector, Real sector, Fiscal policy, Monetary policy, Supply and demand, euro area, trade tension, potential growth, medium term, output gap

After a sharp slowdown starting in 2018, euro area growth is expected to recover over the course of 2019. However, mounting downside risks from global trade tensions, a no-deal Brexit, and market concerns about cou...

IMF Executive Board Concludes 2019 Article IV Consultation with Luxembourg

IMF Executive Board Concludes 2019 Article IV Consultation with Luxembourg »

Source: Luxembourg : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Luxembourg

Volume/Issue: 2019/130

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 May 2019

ISBN: 9781498314510

Keywords: External sector, Fiscal policy, Unemployment, Development, Public investments, article IV consultation, euro area, percent of GDP, percent change, investment fund

The growth outlook remains favorable, but risks are tilted to the downside. Sound economic and fiscal policies together with favorable global conditions in recent years translated into solid growth and a decline in...

Luxembourg
			: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Luxembourg

Luxembourg : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Luxembourg »

Volume/Issue: 2019/130

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 May 2019

DOI: http://dx.doi.org/10.5089/9781498314510.002

ISBN: 9781498314510

Keywords: External sector, Fiscal policy, Unemployment, Development, Public investments, article IV consultation, euro area, percent of GDP, percent change, investment fund

The growth outlook remains favorable, but risks are tilted to the downside. Sound economic and fiscal policies together with favorable global conditions in recent years translated into solid growth and a decline in...

Luxembourg: 2019 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Luxembourg

Luxembourg: 2019 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Luxembourg »

Source: Luxembourg : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Luxembourg

Volume/Issue: 2019/130

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 May 2019

ISBN: 9781498314510

Keywords: External sector, Fiscal policy, Unemployment, Development, Public investments, article IV consultation, euro area, percent of GDP, percent change, investment fund

The growth outlook remains favorable, but risks are tilted to the downside. Sound economic and fiscal policies together with favorable global conditions in recent years translated into solid growth and a decline in...

Luxembourg: Staff Report for the 2019 Article IV Consultation—Informational Annex

Luxembourg: Staff Report for the 2019 Article IV Consultation—Informational Annex »

Source: Luxembourg : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Luxembourg

Volume/Issue: 2019/130

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 May 2019

ISBN: 9781498314510

Keywords: External sector, Fiscal policy, Unemployment, Development, Public investments, article IV consultation, euro area, percent of GDP, percent change, investment fund

The growth outlook remains favorable, but risks are tilted to the downside. Sound economic and fiscal policies together with favorable global conditions in recent years translated into solid growth and a decline in...