Measuring the Natural Output Gap using Actual and Expected Output Data
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- Anthony Garratt & Kevin Lee & Kalvinder Shields, 2009. "Measuring the Natural Output Gap using Actual and Expected Output Data," Birkbeck Working Papers in Economics and Finance 0911, Birkbeck, Department of Economics, Mathematics & Statistics.
- Kevin Lee & Anthony Garratt & Kalvinder Shields, 2010. "Measuring the Natural Output Gap Using Actual and Expected Output Data," Discussion Papers 10/07, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
References listed on IDEAS
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- Javier Andrés & David López-Salido & Edward Nelson, 2005. "Sticky-Price Models and the Natural Rate Hypothesis," Working Papers 0521, Banco de España.
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More about this item
Keywords
Trend Output; Natural Output Level; Output Gap; Beveridge-Nelson Decomposition; Survey-based Expectations; New Keynesian Phillips Curve;All these keywords.
JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2010-04-17 (Central Banking)
- NEP-MAC-2010-04-17 (Macroeconomics)
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