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Mexico: Selected Issues

Mexico: Selected Issues »

Source: Mexico : Selected Issues

Volume/Issue: 2015/314

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2015

ISBN: 9781513593432

Keywords: fiscal, output, fiscal consolidation, output gap, fiscal multipliers

This Selected Issues paper analyzes fiscal multipliers in Mexico. Estimates of fiscal multipliers--obtained from state-level spending--fall within 0.6-0.7 after accounting for dynamic effects. However, the size of...

A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries1

A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries1 »

Source: A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries

Volume/Issue: 2017/37

Series: IMF Working Papers

Author(s): Jiri Podpiera , Faezeh Raei , and Ara Stepanyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 February 2017

ISBN: 9781475578980

Keywords: Central and Eastern Europe, Economic growth, Emerging markets, Cross country analysis, Potential output, Potential output; Output gap; Emerging Markets, Output gap, General, Financial Markets and the Macroeconomy

Was the postcrisis growth slowdown in Central, Eastern and Southeastern Europe (CESEE) structural or cyclical? We use three different methods-production function approach, basic multivariate filter, and multivariat...

Thailand

Thailand »

Source: Thailand : Selected Issues

Volume/Issue: 2008/194

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 June 2008

ISBN: 9781451836851

Keywords: exchange rate, output gap, monetary policy, interest rates, interest rate

To estimate the New Keynesian model, we use four key macroeconomic series for Thailand. The priors are chosen to reflect general considerations of the appropriate model dynamics and our judgment about the Thai econ...

Thailand: Selected Issues

Thailand: Selected Issues »

Source: Thailand : Selected Issues

Volume/Issue: 2008/194

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 June 2008

ISBN: 9781451836851

Keywords: exchange rate, output gap, monetary policy, interest rates, interest rate

To estimate the New Keynesian model, we use four key macroeconomic series for Thailand. The priors are chosen to reflect general considerations of the appropriate model dynamics and our judgment about the Thai econ...

Mind the Gap

Mind the Gap »

Source: Mind the Gap : What is the Best Measure of Slack in the Euro Area?

Volume/Issue: 2001/203

Series: IMF Working Papers

Author(s): Angel Ubide , and Kevin Ross

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2001

ISBN: 9781451874457

Keywords: Output gaps, unobservable components, inflation, forecasting, annual inflation, equation, survey,

Assessing the magnitude of the output gap is critical to achieving an optimal policy mix. Unfortunately, the gap is an unobservable variable, which, in practice, has been estimated in a variety of ways, depending o...

United Kingdom

United Kingdom »

Source: United Kingdom : Selected Issues Paper

Volume/Issue: 2010/337

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2010

ISBN: 9781455208449

Keywords: output gap, tfp, capital stock, production function, growth accounting

This paper estimates the extent of spare capacity in the U.K. economy using a range of methodologies pointing to an output gap and the behavior of inflation during large output gaps. The usefulness of fiscal rules...

United Kingdom: Selected Issues

United Kingdom: Selected Issues »

Source: United Kingdom : Selected Issues Paper

Volume/Issue: 2010/337

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2010

ISBN: 9781455208449

Keywords: output gap, tfp, capital stock, production function, growth accounting

This paper estimates the extent of spare capacity in the U.K. economy using a range of methodologies pointing to an output gap and the behavior of inflation during large output gaps. The usefulness of fiscal rules...

United Kingdom: Selected Issues

United Kingdom: Selected Issues »

Source: United Kingdom : Selected Issues Paper

Volume/Issue: 2010/337

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2010

ISBN: 9781455208449

Keywords: output gap, tfp, capital stock, production function, growth accounting

This paper estimates the extent of spare capacity in the U.K. economy using a range of methodologies pointing to an output gap and the behavior of inflation during large output gaps. The usefulness of fiscal rules...

United Kingdom: Selected Issues

United Kingdom: Selected Issues »

Source: United Kingdom : Selected Issues Paper

Volume/Issue: 2010/337

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2010

ISBN: 9781455208449

Keywords: output gap, tfp, capital stock, production function, growth accounting

This paper estimates the extent of spare capacity in the U.K. economy using a range of methodologies pointing to an output gap and the behavior of inflation during large output gaps. The usefulness of fiscal rules...

United Kingdom: Selected Issues

United Kingdom: Selected Issues »

Source: United Kingdom : Selected Issues Paper

Volume/Issue: 2010/337

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2010

ISBN: 9781455208449

Keywords: output gap, tfp, capital stock, production function, growth accounting

This paper estimates the extent of spare capacity in the U.K. economy using a range of methodologies pointing to an output gap and the behavior of inflation during large output gaps. The usefulness of fiscal rules...