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

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 sustainable noninflationary growth and to allow an assessment of the stance of macroeconomic po...

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Bibliographic Details
Main Author:	Saxena, Sweta Chaman
Other Authors:	Cerra, Valerie
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 2000
Series:	IMF Working Papers ; Working Paper No. 00/59 IMF eLibrary
Subjects:	Aggregate unemployment rate Aggregate unemployment Covariance Curve relationship Dynamic time series Econometrics Economic models Employment Equation Equations Estimation method Estimation period Financial statistics Fitted value Forecasting Labor participation Linear models Linear time trend Linear time Linear trend Measurement errors Missing data Nairu Natural rate of unemployment Non-accelerating inflation rate of unemployment Parameter estimate Persistent unemployment Polynomial Prediction Predictions Probabilities Probability model Probability Production Projection period Public employment Random walk Random walks Rate of change Rate of unemployment Sampling Simultaneous equations Standard deviations Statistical methods Statistics Time series analysis Time series Unemployment rate Unemployment Vector autoregression Sweden

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

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