| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14943 |
| DP14943 FAQ: How do I measure the Output gap? | |
| Fabio Canova | |
| 发表日期 | 2020-06-25 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | I investigate the properties of potentials and gaps, of permanent and transitory fluctuations using a variety of DSGE models. Model-based gaps display low frequency variations; have similar frequency representation as potentials, and are correlated with them. These features depend on the properties of the disturbances but not on frictions or modeling principles. Permanent and transitory fluctuations display similar features, but are uncorrelated. I use a number of filters to extract trends and cycles from simulated data. Distortions are large. Gaps are best approximated with a polynomial filter; transitory fluctuations with a differencing approach. I design a filter which reduces the biases of existing filters. |
| 主题 | Monetary Economics and Fluctuations |
| 关键词 | Gaps and potentials Permanent and transitory components Filtering Cyclical fluctuations Gain functions |
| URL | https://cepr.org/publications/dp14943 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543888 |
| 推荐引用方式 GB/T 7714 | Fabio Canova. DP14943 FAQ: How do I measure the Output gap?. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Fabio Canova]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Fabio Canova]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Fabio Canova]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
