The Resource Measuring a roller coaster : evidence on the Finnish output gap, prepared by Andreas Billmeier

Measuring a roller coaster : evidence on the Finnish output gap, prepared by Andreas Billmeier

Label
Measuring a roller coaster : evidence on the Finnish output gap
Title
Measuring a roller coaster
Title remainder
evidence on the Finnish output gap
Statement of responsibility
prepared by Andreas Billmeier
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
The output gap-which measures the deviation of actual output from its potential-is frequently used as an indicator of slack in an economy. This paper estimates the Finnish output gap using various empirical methods. It evaluates these methods against economic history and each other by a simulated out-of-sample forecasting exercise for Finnish CPI inflation. Only two gap measures, stemming from a frequency domain approach and the Blanchard-Quah decomposition, perform better than the naïve prediction of no change in inflation-but do not improve upon a simple autoregressive forecast. The pronounced volatility of output in Finland makes it particularly difficult to estimate potential output, producing considerable uncertainty about the size (and sign) of the gap
Member of
Action
digitized
Cataloging source
OCLCE
Dewey number
339.23
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.04/57
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/04/57
Label
Measuring a roller coaster : evidence on the Finnish output gap, prepared by Andreas Billmeier
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 33-35)
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
ocn647318512
Dimensions
unknown
Extent
1 online resource (35 pages)
File format
one file format
Form of item
online
Isbn
9781281600547
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b37166177
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)647318512
  • imf1281600547
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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