Results 41 to 50 of about 239,722 (163)
COMPLEX ECONOMETRIC METHODS FOR EVALUATION OF INFLATION PRESSURES BASED ON ECONOMIC ACTIVITY [PDF]
Economica, 2019 An important technical aspect in the modelling process of the monetary policy oriented towards price stability includes econometric technics used for estimating the unobservable variables.
Simion MIJA
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Baltic Journal of Economics, 2020 This study investigates asymmetry in the impact of domestic inflation drivers in the Baltic States, focusing on the output gap and unemployment gap.
Vladimir Mihajlović +1 more
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Regional Potential Outputs and Output Gaps in Korea
Studies in Regional Science, 2011 This paper analyzes whether economic growth of the Seoul Metropolitan Area (SMA) has a negative effect on other regional economies in Korea. The cause-effect relationship of economic growth between SMA and other regions in Korea (ROK) is analyzed with respect to regional potential outputs and output gaps.
KIM, Euijune +2 more
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Estimating the Potential Output and Output Gap of Ghana
Applied Economics and Finance, 2019 This paper focuses on the estimation of the potential output of Ghana. Potential output or its derivative the output gap are not observable. However, “potential output” is a powerful conceptual tool that guides analysts and policymakers in gauging whether the current observed economic activity is sustainable and how much of it is greater than or less ...
Joseph Atta-Mensah, Sawuya Nakijoba
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Forecasting inflation with an uncertain output gap [PDF]
Empirical Economics, 2007 The output gap is a crucial concept in the monetary policy framework, indicating demand pressure that generates inflation. However, its definition and estimation raise a number of theoretical and empirical questions. This paper evaluates a series of univariate and multivariate methods for extracting the output gap in Norway, and compares their value ...
Bjørnland, Hilde C. +2 more
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Jurnal Ekonomi dan Bisnis, 2016 In uncertain economic like today, research and modeling the inflation rate is considered necessary to provide estimates and predictions of inflation rates in the future.
Armaini Akhirson, Brahmantyo Heruseto
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Financial Factors: Implications for Output Gaps [PDF]
IMF Working Papers, 2015 We suggest a new approach for analyzing the role of financial variables and shocks in computing the output gap. We estimate a two-region DSGE model for the euro area, with financial frictions at the household level, between 2000-2013. After joining the monetary union, a decline in some countries’ borrowing costs contributed to a credit, housing and ...
Pau Rabanal, Marzie Taheri Sanjani
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The Unreliability of Output-Gap Estimates in Real Time [PDF]
Review of Economics and Statistics, 1999 Compared to its central role in policy discussions in the United States and most other developed countries, the reliability of the measurement of the output gap has attracted relatively little academic study. Furthermore, both the academic literature and the debate among practitioners have tended to neglect a key factor. Although in a policy setting it
Athanasios Orphanides, Simon Van Norden
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Optimality, Rational Expectations and Time Inconsistency Applied to Inflation Targeting Strategy [PDF]
Theoretical and Applied Economics, 2008 The purpose of this paper is to analyse the characteristics of an inflation targeting strategy, using the Barro-Gordon model specific tools. This paper uses the initial Barro-Gordon concepts of inflationary social costs and benefits, adding a new ...
Marius-Corneliu Marinas +1 more
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The Relationship between Inflation and Money in Iran: Evidence from P* Model [PDF]
پژوهشهای اقتصادی, 2014 This paper tests monetary view of inflation in Iranian economy by a monetary approach within P* model using OLS and ARDL techniques during 1358-1387 (1979-2008).
Nasibeh Kakoui, Yazdan Naghdi
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