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Model Estimates of the Output Gap

open access: yes, 2018
This paper documents a set of models used by Norges Bank in estimating the output gap. The models take into account developments in key cyclical indicators such as GDP, unemployment, inflation, wage growth, investment, house prices and credit growth.
Hagelund, Kåre   +2 more
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Output gap estimation for the case of Turkey

open access: yes, 2016
This study investigates the output gap estimation using dynamic, stochas- tic, and general equilibrium models. In macroeconomics, output gap is defined as the difference between the actual output and the potential output. Actual output refers to the GDP, which measures the monetary value of the total pro- duction in the domestic economy in a certain ...
openaire   +2 more sources

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