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Multivariate Filter Estimation of Potential Output for the United States: An Extension with Labor Market Hysteresis

Multivariate Filter Estimation of Potential Output for the United States: An Extension with Labor Market Hysteresis »

Source: Multivariate Filter Estimation of Potential Output for the United States: An Extension with Labor Market Hysteresis

Volume/Issue: 2019/35

Series: IMF Working Papers

Author(s): Ali Alichi , Hayk Avetisyan , Douglas Laxton , Shalva Mkhatrishvili , Armen Nurbekyan , Lusine Torosyan , and Hou Wang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 February 2019

ISBN: 9781484398067

Keywords: Business cycles, Unemployment, Potential output, Capacity utilization, Production growth, Macroeconomic Modeling;output gap;NAIRU;hysteresis;potential growth;Volcker

This paper extends the multivariate filter approach of estimating potential output developed by Alichi and others (2018) to incorporate labor market hysteresis. This extension captures the idea that long and deep r...

Estimating Poland's Potential Output

Estimating Poland's Potential Output »

Source: Estimating Poland's Potential Output : A Production Function Approach

Volume/Issue: 2010/15

Series: IMF Working Papers

Author(s): Natan Epstein , and Corrado Macchiarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2010

ISBN: 9781451962093

Keywords: Production function, potential growth, output gap, NAIRU, unemployment rate, rate of unemployment,

The paper develops a methodology based on the production-function approach to estimate potential output of the Polish economy. The paper concentrates on obtaining a robust estimate of the labor input by deriving Po...

Alternative Methods of Estimating Potential Output and the Output Gap

Alternative Methods of Estimating Potential Output and the Output Gap »

Source: Alternative Methods of Estimating Potential Output and the Output Gap : An Application to Sweden

Volume/Issue: 2000/59

Series: IMF Working Papers

Author(s): Sweta Saxena , and Valerie Cerra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2000

ISBN: 9781451847932

Keywords: Business Cycles, Output Gap, Potential Output, Detrending, Production Function, Vector Autoregression, Unobserved Components Models, nairu, equation, time series

This paper reviews a number of different methods that can be used to estimate potential output and the output gap. Measures of potential output and the output gap are useful to help identify the scope for sustainab...

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...

Republic of Korea: Selected Issues

Republic of Korea: Selected Issues »

Source: Republic of Korea : Selected Issues

Volume/Issue: 2019/133

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 2019

ISBN: 9781498314824

Keywords: Economic growth, Development, Services sector, Gross domestic product, Production, output gap, IMF, OECD average, tighten, OECD

Selected Issues...

Republic of Korea: Selected Issues

Republic of Korea: Selected Issues »

Source: Republic of Korea : Selected Issues

Volume/Issue: 2019/133

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 2019

ISBN: 9781498314824

Keywords: Economic growth, Development, Services sector, Gross domestic product, Production, output gap, IMF, OECD average, tighten, OECD

Selected Issues...

Republic of Korea: Selected Issues

Republic of Korea: Selected Issues »

Source: Republic of Korea : Selected Issues

Volume/Issue: 2019/133

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 2019

ISBN: 9781498314824

Keywords: Economic growth, Development, Services sector, Gross domestic product, Production, output gap, IMF, OECD average, tighten, OECD

Selected Issues...

Republic of Korea: Selected Issues

Republic of Korea: Selected Issues »

Source: Republic of Korea : Selected Issues

Volume/Issue: 2019/133

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 2019

ISBN: 9781498314824

Keywords: Economic growth, Development, Services sector, Gross domestic product, Production, output gap, IMF, OECD average, tighten, OECD

Selected Issues...

Republic of Korea: Selected Issues

Republic of Korea: Selected Issues »

Source: Republic of Korea : Selected Issues

Volume/Issue: 2019/133

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 2019

ISBN: 9781498314824

Keywords: Economic growth, Development, Services sector, Gross domestic product, Production, output gap, IMF, OECD average, tighten, OECD

Selected Issues...

Republic of Korea: Selected Issues

Republic of Korea: Selected Issues »

Source: Republic of Korea : Selected Issues

Volume/Issue: 2019/133

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 2019

ISBN: 9781498314824

Keywords: Economic growth, Development, Services sector, Gross domestic product, Production, output gap, IMF, OECD average, tighten, OECD

Selected Issues...