Measuring potential output within a state-space framework / by Maral Kichian. : FB3-2/99-9E-PDF
In this paper we measure potential output (and consequently the output gap) using state-space models. Given that the estimated output gap is used as an indicator to measure the extent of inflationary pressures in the economy, we evaluate the use of such models for the implementation of monetary policy.--Abstract
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| Ministère/Organisme | Bank of Canada. |
|---|---|
| Titre | Measuring potential output within a state-space framework / by Maral Kichian. |
| Titre de la série | Bank of Canada working paper1701-939799-9 |
| Type de publication | Série - Voir l'enregistrement principal |
| Langue | [Anglais] |
| Format | Électronique |
| Document électronique | |
| Autres formats offerts | Papier-[Anglais] |
| Note(s) | "In this paper we measure potential output (and consequently the output gap) using state-space models. Given that the estimated output gap is used as an indicator to measure the extent of inflationary pressures in the economy, we evaluate the use of such models for the implementation of monetary policy."--Abstract. N.B.: Incorrect ISBN (0-662-2799-6) printed in this publication. The ISBN (0-662-2799-6) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication. Résumé en français. |
| Information sur la publication | Ottawa - Ontario : Bank of Canada April 1999. |
| Description | 49p.graphs, references, tables |
| ISSN | 1701-9397 |
| Numéro de catalogue |
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| Descripteurs | Monetary policy Inflation |