메뉴 건너뛰기




Volumn 20, Issue 3, 2003, Pages 529-562

Assessment criteria for output gap estimates

Author keywords

Forecasting inflation; Output gap estimates; Time series models

Indexed keywords


EID: 0037401314     PISSN: 02649993     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0264-9993(01)00097-9     Document Type: Article
Times cited : (30)

References (31)
  • 1
    • 0033435637 scopus 로고    scopus 로고
    • A theory-consistent system approach for estimating potential output and the NAIRU
    • Apel, M., Jansson, P., 1999. A theory-consistent system approach for estimating potential output and the NAIRU. Econ. Lett., 64, 271-275.
    • (1999) Econ. Lett. , vol.64 , pp. 271-275
    • Apel, M.1    Jansson, P.2
  • 2
    • 0003934741 scopus 로고    scopus 로고
    • Efficient rules for monetary policy
    • NBER working paper 5952
    • Ball, L., 1997. Efficient rules for monetary policy, NBER working paper 5952.
    • (1997)
    • Ball, L.1
  • 3
  • 4
    • 49149136203 scopus 로고
    • A new approach to the decomposition of economic time series into permanent and transitory components with particular attention to the measurement of the business cycle
    • Beveridge, S., Nelson, C.R., 1981. A new approach to the decomposition of economic time series into permanent and transitory components with particular attention to the measurement of the business cycle. J. Monetary Econ. 7, 151-174.
    • (1981) J. Monetary Econ. , vol.7 , pp. 151-174
    • Beveridge, S.1    Nelson, C.R.2
  • 5
    • 0034029957 scopus 로고    scopus 로고
    • The role of shocks and institutions in the rise of European unemployment: The aggregate evidence
    • Blanchard, O., Wolfers, J., 2000. The role of shocks and institutions in the rise of European unemployment: the aggregate evidence. Econ. J. 110, C1-C33.
    • (2000) Econ. J. , vol.110
    • Blanchard, O.1    Wolfers, J.2
  • 6
    • 85016078433 scopus 로고
    • The dynamic effects of aggregate demand and supply disturbances
    • Blanchard, O.J., Quah, D. 1989. The dynamic effects of aggregate demand and supply disturbances. Am. Econ. Rev. 79, 655-673.
    • (1989) Am. Econ. Rev. , vol.79 , pp. 655-673
    • Blanchard, O.J.1    Quah, D.2
  • 7
    • 0001251638 scopus 로고
    • The long-run relationship between inflation and output in postwar economies
    • Bullard, J., Keating, J.W., 1995. The long-run relationship between inflation and output in postwar economies. J. Monetary Econ. 36, 477-496.
    • (1995) J. Monetary Econ. , vol.36 , pp. 477-496
    • Bullard, J.1    Keating, J.W.2
  • 8
    • 48749143178 scopus 로고
    • Staggered prices in a utility maximizing framework
    • Calvo, G.A., 1983. Staggered prices in a utility maximizing framework. J. Monetary Econ. 12, 383-398.
    • (1983) J. Monetary Econ. , vol.12 , pp. 383-398
    • Calvo, G.A.1
  • 10
    • 0003502606 scopus 로고    scopus 로고
    • The science of monetary policy
    • NBER working paper 6442
    • Clarida, R., Gali, J., Gertler, M., 1999. The science of monetary policy, NBER working paper 6442.
    • (1999)
    • Clarida, R.1    Gali, J.2    Gertler, M.3
  • 12
    • 0003175062 scopus 로고    scopus 로고
    • A rudimentary model of search with divisible money and prices
    • Edward, G., Zhou, R., 1998. A rudimentary model of search with divisible money and prices. J. Econ. Theory 81, 252-271.
    • (1998) J. Econ. Theory , vol.81 , pp. 252-271
    • Edward, G.1    Zhou, R.2
  • 13
    • 0012489074 scopus 로고    scopus 로고
    • Uncertain potential output: Implications for monetary policy
    • European Central Bank, mimeo, November 2000
    • Ehrmann, M., Smets F., 2000. Uncertain potential output: implications for monetary policy, European Central Bank, mimeo, November 2000.
    • (2000)
    • Ehrmann, M.1    Smets, F.2
  • 14
    • 0004062604 scopus 로고    scopus 로고
    • An area-wide model (AWN) for the Euro area
    • European Central Bank, working paper no. 42
    • Fagan, G., Henry, J., Mestre, R., 2001. An area-wide model (AWN) for the Euro area, European Central Bank, working paper no. 42.
    • (2001)
    • Fagan, G.1    Henry, J.2    Mestre, R.3
  • 15
    • 0032807497 scopus 로고    scopus 로고
    • Output gaps and monetary policy in the EMU area
    • Gerlach, S., Smets, F., 1999. Output gaps and monetary policy in the EMU area. Eur. Econ. Rev. 43, 801-812.
    • (1999) Eur. Econ. Rev. , vol.43 , pp. 801-812
    • Gerlach, S.1    Smets, F.2
  • 17
    • 84928453814 scopus 로고
    • Stochastic trends in dynamic regression models: An application to the employment-output equation
    • Harvey, A.C., Henry, B., Peters, S., Wren-Lewis, S., 1986. Stochastic trends in dynamic regression models: an application to the employment-output equation. Econ. J. 96, 975-986.
    • (1986) Econ. J. , vol.96 , pp. 975-986
    • Harvey, A.C.1    Henry, B.2    Peters, S.3    Wren-Lewis, S.4
  • 18
    • 84952173852 scopus 로고
    • Estimating potential output as a latent variable
    • Kuttner, K.N., 1994. Estimating potential output as a latent variable. J. Business Econ. Stat. 12, 361-368.
    • (1994) J. Business Econ. Stat. , vol.12 , pp. 361-368
    • Kuttner, K.N.1
  • 19
    • 0003858105 scopus 로고    scopus 로고
    • Learning about a shift in trend output: Implications for monetary policy and inflation
    • Mimeo, Federal Reserve Bank of San Francisco, CA
    • Lansing, K., 2000. Learning about a shift in trend output: implications for monetary policy and inflation, mimeo, Federal Reserve Bank of San Francisco, CA.
    • (2000)
    • Lansing, K.1
  • 20
    • 0003858778 scopus 로고    scopus 로고
    • The distribution of money and prices in search equilibrium
    • Mimeo, Department of Economics, University of Pennsylvania, PA
    • Molico, M., 1998. The distribution of money and prices in search equilibrium, mimeo, Department of Economics, University of Pennsylvania, PA.
    • (1998)
    • Molico, M.1
  • 21
    • 0003738105 scopus 로고    scopus 로고
    • The quest for prosperity without inflation
    • Sveriges Riksbank Working Paper Series 93
    • Orphanides, A., 1999. The quest for prosperity without inflation, Sveriges Riksbank Working Paper Series 93.
    • (1999)
    • Orphanides, A.1
  • 22
    • 0003528683 scopus 로고    scopus 로고
    • The reliability of output gap estimates in real time
    • Working Paper, Board of Governors of the Federal Reserve System, Washington, DC
    • Orphanides, A., van Norden, S., 1999. The reliability of output gap estimates in real time, Working Paper, Board of Governors of the Federal Reserve System, Washington, DC.
    • (1999)
    • Orphanides, A.1    van Norden, S.2
  • 23
    • 21144477500 scopus 로고
    • A simple nonparametric test of predictive performance
    • Pesaran, M.H., Timmermann, A., 1992. A simple nonparametric test of predictive performance. J. Business Econ. Stat. 10(4), 461-465.
    • (1992) J. Business Econ. Stat. , vol.10 , Issue.4 , pp. 461-465
    • Pesaran, M.H.1    Timmermann, A.2
  • 24
    • 0029507890 scopus 로고
    • Measuring core inflation
    • Quah, D., Vahey, S.P., 1995. Measuring core inflation. Econ. J. 105, 1130-1144.
    • (1995) Econ. J. , vol.105 , pp. 1130-1144
    • Quah, D.1    Vahey, S.P.2
  • 25
    • 0001196029 scopus 로고
    • Some results on multivariate autoregressive index models
    • Reinsel, G., 1983. Some results on multivariate autoregressive index models. Biometrika 70, 145-156.
    • (1983) Biometrika , vol.70 , pp. 145-156
    • Reinsel, G.1
  • 26
    • 0012829754 scopus 로고    scopus 로고
    • Is the fed too timid? Monetary policy in an uncertain world
    • Federal Reserve Bank of San Francisco, CA, Working Paper no. 99-05
    • Rudebusch, G., 1999. Is the fed too timid? Monetary policy in an uncertain world, Federal Reserve Bank of San Francisco, CA, Working Paper no. 99-05.
    • (1999)
    • Rudebusch, G.1
  • 27
    • 0012541359 scopus 로고    scopus 로고
    • The search-theoretic approach to monetary economics: A primer
    • Mimeo, Department of Economics, University of Pennsylvania, PA
    • Rupert, P., Schindler, M., Shevchenko, A., Wright, R., 2000. The search-theoretic approach to monetary economics: a primer, mimeo, Department of Economics, University of Pennsylvania, PA.
    • (2000)
    • Rupert, P.1    Schindler, M.2    Shevchenko, A.3    Wright, R.4
  • 29
    • 0003888346 scopus 로고    scopus 로고
    • Indicator variables for optimal policy
    • Mimeo, Institute for International Economic Studies, Stockholm University, Sweden
    • Svenson, L., Woodford, M., 2000. Indicator variables for optimal policy, mimeo, Institute for International Economic Studies, Stockholm University, Sweden.
    • (2000)
    • Svenson, L.1    Woodford, M.2
  • 30
    • 0003053945 scopus 로고
    • Aggregate dynamics and staggered contracts
    • Taylor, J., 1980. Aggregate dynamics and staggered contracts. J. Political Econ. 88, 1-23.
    • (1980) J. Political Econ. , vol.88 , pp. 1-23
    • Taylor, J.1
  • 31
    • 0000616445 scopus 로고
    • Reduced rank models for multiple time series
    • Velu, R.P., Reinsel, G.C., Wichern, D.W., 1986. Reduced rank models for multiple time series. Biometrika 73, 105-118.
    • (1986) Biometrika , vol.73 , pp. 105-118
    • Velu, R.P.1    Reinsel, G.C.2    Wichern, D.W.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.