Search Results - subject:"output gap"

Streicher, Sina - 2022

Assessing potential output and the output gap is essential for policy-making and fiscal surveillance. The European …

Persistent link: https://www.econbiz.de/10013256541

Potential growth in Turkey : sources and trends

Sevinç, Orhun; Demiroğlu, Ufuk; Çakır, Emre; … - In: Central Bank review / Central Bank of the Republic of Turkey 22 (2022) 1, pp. 1-25

This paper estimates potential growth in Turkey using a production function estimation approach. Our approach aims to measure the inputs of production in the most detailed fashion that is possible and empirically addresses concepts of sustainable potential growth for Turkey. While developing...

Persistent link: https://www.econbiz.de/10013269367

Economic growth, total factor productivity and output gap in Sierra Leone

Kumo, Wolassa L. - 2022

Persistent link: https://www.econbiz.de/10013164171

Determination of inflationary behavior : a comparative analysis

Malik, M. Fahad; Awan, Masood Sarwar; Malik, Waseem Shahid - In: Cogent economics & finance 10 (2022) 1, pp. 1-8

Standard theory of consumer behavior stands on the maxim of utility maximization. Optimizing behavior of consumer is achieved by maximization of utility subject to budget constraint. An increase in inflation that is not accompanied by proportionate increase in income can leave a consumer worse...

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Norges bank output gap estimates : forecasting properties, reliability and cyclical sensitivity

Furlanetto, Francesco; Hagelund, Kåre; Hansen, Frank; … - 2020

This paper documents the suite of models used by Norges Bank to estimate the output gap. The models are estimated using … data on GDP, unemployment, inflation, wages, investment, house prices and credit. We evaluate the estimated output gap …

Persistent link: https://www.econbiz.de/10012270997

Sectorgap: An R package for consistent economic trend cycle decomposition

Streicher, Sina - 2024

Determining potential output and the output gap-two inherently unobservable variables-is a major challenge for …

Persistent link: https://www.econbiz.de/10014476253

The art of paradigm maintenance: how the New Keynesian 'Science of Monetary Policy' tries to deal with the inflation of 2021-2023

Storm, Servaas - In: European Journal of Economics and Economic Policies: … 21 (2024) 2, pp. 248-278

(IMF) failed to predict the inflation surge during 2021-2023. The output gap, the unemployment gap, the New Keynesian …

Persistent link: https://www.econbiz.de/10015077193

Mind the output gap: The new technocratic politics of EU fiscal rules in Italy

Locatelli, Camilla - 2024

fiscal policies. A key measure in this new technical apparatus, the output gap, has been at the center of a heated … contestation between Italian and European institutions over the 2014-2019 period. Taking the case of the Italian output gap, this …

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Trends and cycles during the COVID-19 pandemic period

Júlio, Paulo; Maria, José R. - In: Economic modelling 139 (2024), pp. 1-17

Persistent link: https://www.econbiz.de/10015189809

Going NUTS : the regional impact of extreme climate events over the medium term

Usman, Sehrish; González-Torres, Guzmán; Parker, Miles - 2024

The projected increase in extreme climate events in the coming decades is likely to exacerbate the existing productivity and demographic challenges facing Europe. We study the dynamic, medium-run macroeconomic effects of heatwaves, droughts and floods in 1160 EU regions through the lens of a...

Persistent link: https://www.econbiz.de/10015179766