A new approach is proposed for estimating potential output and the NAIRU. Identification is achieved using Okun’s law and a Phillips curve. The performance of the methodology is exemplified using data from Canada, the UK, and the US.
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Publisher Info
Paper provided by Sveriges Riksbank (Central Bank of Sweden) in its series Working Paper Series with number
74.
Length: 7 pages Date of creation: 01 Nov 1998 Date of revision: Publication status: Published in Economics Letters, 1999, pages 271-275. Handle: RePEc:hhs:rbnkwp:0074
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