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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...

China’s Growth

China’s Growth »

Source: China's Growth : Can Goldilocks Outgrow Bears?

Volume/Issue: 2015/113

Series: IMF Working Papers

Author(s): Wojciech Maliszewski , and Longmei Zhang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 May 2015

ISBN: 9781513504643

Keywords: potential growth, output gap, production, investment, inflation, credit, potential output, Macroeconomic Analyses of Economic Development,

The paper analyzes the recent growth dynamics in China, evaluating both cyclical positions and long-term growth prospects. The analysis shows that financial cycles play a more important role than traditional inflat...

IMF Estimates of Potential Output

IMF Estimates of Potential Output »

Source: IMF Estimates of Potential Output : Theory and Practice

Volume/Issue: 1997/177

Series: IMF Working Papers

Author(s): Paula De Masi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1997

ISBN: 9781451974980

Keywords: potential output, output gap, total factor productivity, industrial countries, growth rates, real gdp, growth rate

The concepts of potential output and the output gap are central to the IMF’s analytical work in providing policy recommendations to member governments. This key role has stimulated research at the IMF to dev...

Philippines

Philippines »

Source: Philippines : Selected Issues

Volume/Issue: 2008/120

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

ISBN: 9781451831429

Keywords: output gap, international monetary fund, capital stock, inflation rate, labor income

This study discusses the Philippine output gap from three perspectives and evaluates the utility of the approaches for policymaking. Incentives in the Philippines appear broadly comparable with those in neighboring...

Philippines: Selected Issues

Philippines: Selected Issues »

Source: Philippines : Selected Issues

Volume/Issue: 2008/120

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

ISBN: 9781451831429

Keywords: output gap, international monetary fund, capital stock, inflation rate, labor income

This study discusses the Philippine output gap from three perspectives and evaluates the utility of the approaches for policymaking. Incentives in the Philippines appear broadly comparable with those in neighboring...

Philippines: Selected Issues

Philippines: Selected Issues »

Source: Philippines : Selected Issues

Volume/Issue: 2008/120

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

ISBN: 9781451831429

Keywords: output gap, international monetary fund, capital stock, inflation rate, labor income

This study discusses the Philippine output gap from three perspectives and evaluates the utility of the approaches for policymaking. Incentives in the Philippines appear broadly comparable with those in neighboring...

What Is in Your Output Gap? Unified Framework & Decomposition into Observables

What Is in Your Output Gap? Unified Framework & Decomposition into Observables »

Source: What Is in Your Output Gap? Unified Framework & Decomposition into Observables

Volume/Issue: 2013/105

Series: IMF Working Papers

Author(s): Michal Andrle

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 May 2013

ISBN: 9781484399552

Keywords: output gap, linear filters, observable decomposition, DSGE, inflation, unemployment, employment, monetary fund, central bank, General,

This paper discusses several popular methods to estimate the ‘output gap’. It provides a unified, natural concept for the analysis, and demonstrates how to decompose the output gap into contributions...

Still Minding the Gap-Inflation Dynamics during Episodes of Persistent Large Output Gaps

Still Minding the Gap-Inflation Dynamics during Episodes of Persistent Large Output Gaps »

Source: Still Minding the Gap-Inflation Dynamics during Episodes of Persistent Large Output Gaps

Volume/Issue: 2010/189

Series: IMF Working Papers

Author(s): Andre Meier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2010

ISBN: 9781455202232

Keywords: Output gap, Phillips curve, Recession, inflation rates, inflation dynamics, low inflation, General Outlook and Conditions,

This paper studies inflation dynamics during 25 historical episodes in advanced economies where output remained well below potential for an extended period. We find that such episodes generally brought about signif...

Vietnam

Vietnam »

Source: Vietnam : Bayesian Estimation of Output Gap

Volume/Issue: 2010/149

Series: IMF Working Papers

Author(s): Wojciech Maliszewski

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2010

ISBN: 9781455201327

Keywords: Output Gap, Unobservable Component Model, Bayesian Methods, equation, equations, real interest rate, monetary policy, Model Construction and Estimation, Viet Nam,

The paper constructs a new output gap measure for Vietnam by applying Bayesian methods to a two-equation AS-AD model, while treating the output gap as an unobservable series to be estimated together with other para...