and in the high-inflation regime, inflation is almost exclusively explained by a negative output gap. In the low … principal factors explaining the variance of inflation. From a short-run perspective, the output gap explains almost all …

The output gap measured as the percentage deviation of actual output from its potential level is an indicator of an … economy's achievement. Output gap has been an important concept used for forming of policies. In this study, we estimated the … potential output and output gap, established some of its macro-economic determinants for the Ethiopian economy. By using yearly …

Output gap revisions can be large even after many years. Real-time reliability tests might therefore be sensitive to … the choice of the final output gap vintage that the real-time estimates are compared to. This is the case for the Federal … Reserve's output gap. When accounting for revisions in response to the global financial crisis in the final output gap, the …

We propose a multivariate Bayesian state space model to identify potential growth and the output gap consistent with …

Output gap revisions can be large even after many years. Real‐time reliability tests might therefore be sensitive to … the choice of the final output gap vintage that the real‐time estimates are compared to. This is the case for the Federal … Reserve's output gap. When accounting for revisions in response to the global financial crisis in the final output gap, the …

This study first investigates the short and long-run effectsof exchange rate, output gap and output gap volatility on … ARDLestimates indicate that the exchange rate, output gap and output gapvolatility have statistically significant effects on … inflation volatility.Also, causality tests results indicate that changes in the exchangerate, output gap volatility, and output …

the output gap at the beginning of the period, but they converge in the long term (after 7-8 years). From a policy …