The Resource Ghostbusting : which output gap measure really matters?, prepared by Andreas Billmeier

Ghostbusting : which output gap measure really matters?, prepared by Andreas Billmeier

Label
Ghostbusting : which output gap measure really matters?
Title
Ghostbusting
Title remainder
which output gap measure really matters?
Statement of responsibility
prepared by Andreas Billmeier
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
This paper investigates various output gap measures in a simple inflation forecasting framework. Reflecting the cyclical position of an economy, an (unobservable) output gap has important implications for economic analysis. I construct and compare common output gap measures for five European countries. Since output above potential reflects domestic inflationary pressures, including a gap could improve the accuracy of autoregressive inflation forecasting. This assertion is tested in a simple simulated out-of-sample forecasting exercise for the period 1990-2002. The main conclusions are that an output gap rarely provides useful information and that there is no single best output gap measure across countries
Member of
Action
digitized
Cataloging source
OCLCE
Dewey number
332.11
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.04/146
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/04/146
Label
Ghostbusting : which output gap measure really matters?, prepared by Andreas Billmeier
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn647584637
Dimensions
unknown
Extent
1 online resource (35 pages)
File format
one file format
Form of item
online
Isbn
9781451901788
Media category
computer
Media MARC source
rdamedia
Media type code
c
http://library.link/vocab/recordID
.b37163802
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)647584637
  • imf1451856679
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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