Results 31 to 40 of about 239,722 (163)

ASYMMETRIC IMPACTS OF MONETARY POLICY SHOCK ON OUTPUT GAP: EVIDENCE FROM REGIONS IN INDONESIA

Buletin Ekonomi Moneter dan Perbankan, 2022
We examine the impact of the monetary policy on regional output gaps across 33 Indonesian provinces. Heterogeneous regional responses of the output gap to monetary policy shock are captured using the Vector Autoregressive model.
Sugeng Triwibowo, Defy Oktaviani
doaj   +1 more source

Revisiting the Relationship between Inflation and Output Gap in Iranian Economy Using Wavelet Transform Approach [PDF]

Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī, 2018
The purpose of this paper is to revisit the relationship between inflation and output gap by using wavelet coherence approach. This approach attempts to combine the classical time series analysis with frequency domain analysis, and presents the ...
Ramin Khochiani, Younes Nademi
doaj   +1 more source

Assessment criteria for output gap estimates [PDF]

Economic Modelling, 2001
Abstract This paper assesses the statistical reliability of different measures of the output gap for the Euro-11 area and the US using output, inflation and unemployment systems. In order to assess the reliability of an output gap estimate three criteria are adopted. Firstly, the estimate should have forecasting power over inflation. Secondly, the ex
Camba-Méndez, Gonzalo, Rodriguez-Palenzuela, Diego   +1 more
openaire   +2 more sources

Écart de production dans la Zone UEMOA : analyse comparative d'une estimation par la fonction de production, le filtre de Kalman et le VAR structurel bayésien

Revue Internationale des Économistes de Langue Française, 2021
Les notions de production potentielle et d'écart de production (output gap) constituent des outils importants permettant aux banques centrales et en particulier à la Banque centrale des États de l'Afrique de l'Ouest (BCEAO) de prévoir l'inflation dans la
Thierno Thioune
doaj   +1 more source

Re-modeling the Romanian Fiscal Policy under the Terms of the Economic Crisis [PDF]

Theoretical and Applied Economics, 2011
This paper brings arguments for the necessity to re-think the modality to analize and interpret the Romanian fiscal policy, under the terms of the future adheration to the Euro Zone.
Aura Gabriela SOCOL, Dorin MĂNTESCU
doaj   +1 more source

Research on China's Monetary Policy Orientation and Regulation in COVID-19

Frontiers in Public Health, 2022
The outbreak of COVID-19 in 2019 has caused a huge impact on the global economy. In this context, it is of great significance to study the orientation and regulation of China's monetary policy, which aims to mitigate the external impact brought by COVID ...
Baicheng Zhou, Baicheng Zhou, Zilun Huang, Shu Wang   +3 more
doaj   +1 more source

The Chilean Output Gap

IMF Working Papers, 2011
This paper estimates the potential output (and the output gap) in Chile using several different methodologies. After a structural brake in 1998, the average growth rate of potential output in Chile declined from over 7 percent to 3-4 percent in the aggregate economy, but to less than 2 percent in the natural resource sector.
Leandro Medina, Nicolas E Magud
openaire   +3 more sources

Measuring output gap nowcast uncertainty [PDF]

International Journal of Forecasting, 2011
We propose a methodology to gauge the uncertainty in output gap nowcasts across a large number of commonly deployed vector autoregressions in US inflation and various measures of the output gap. Our approach constructs ensemble nowcast densities using a linear opinion pool.
Anthony Garratt, James Mitchell, Shaun P. Vahey   +2 more
openaire   +2 more sources

A menu on output gap estimation methods [PDF]

Journal of Policy Modeling, 2017
Abstract This paper presents a review of output gap modeling techniques, which are of special interest for policy making institutions. We distinguish between univariate – which estimate trend output on the basis of actual output, without taking into account the information contained in other variables –, and multivariate methods — which incorporate ...
Luis J. lvarez, Ana GGmez-Loscos
openaire   +1 more source

The Dynamics of Output Gap Hysteresis in Türkiye

Ekonomi, Politika & Finans Araştırmaları Dergisi
The aim of this study is to identify the dynamics and hysteresis of the output gap. First, the existence of an output gap in the Turkish economy for the period 2005Q4:2021Q3 is determined using the Hodrick-Prescott and Baxter-King methods, and then the ...
Harun Bal, Neşe Algan, Koray Yıldırım   +2 more
doaj   +1 more source