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Potential Output and the Output Gap in Ireland [PDF]
The performance of the Irish economy in recent years has been outstanding. Between 1994 and 2000, Ireland’s economic growth, as measured by the annual percentage change in real GDP (Gross Domestic Product), has expanded at an annual average rate of approximately 9 per cent. Over the same time period, we have also experienced annual employment growth of
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The output gap, defined as actual less potential output, is an important variable in its own right and as an indicator of incipient changes in inflation. This paper reviews five methods of estimating it for Australian GDP data, including linear time trends, Hodrick-Prescott (HP) filter trends, multivariate HP filter trends, unobservable components ...
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Estimating the Output Gap for Chile [PDF]
In this paper we estimate the output gap and the growth rate of potential output in Chile for the 1986-2005 period, using three different methods: (i) a production function approach, (ii) a Kalman filter approach (univariate and multivariate), and (iii) a structural vector autoregression (SVAR). A high degree of consistency was found among all measures
Rodrigo Fuentes +2 more
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Estimating the potential output and output gap for China's coal cities with pollutants reduction
Resources Policy, 2020Xiaoling Zhang
exaly
Domestic and global output gaps as inflation drivers: What does the Phillips curve tell?
Economic Modelling, 2020Richhild Moessner, Elöd Takats
exaly
Disentangling the asymmetric effect of financialization on the green output gap
Energy Economics, 2023Farzan Yahya, Chien-chiang Lee
exaly
Bayesian Analysis of Output Gap
2008Our objective is to build output gap estimates that benefit from information provided by Phillips curve theory and business cycle studies. For this, we develop a Bayesian analysis of the bivariate Phillips curve model proposed by Kuttner for estimating potential output.
C. PLANAS +2 more
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Revisiting the inflation–output gap relationship for France using a wavelet transform approach
Economic Modelling, 2014Cornel Oros +2 more
exaly

