D24 - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T22:15:34+00:00Measuring Potential Output within a State-Space Framework
https://www.bankofcanada.ca/1999/04/working-paper-1999-9/
In this paper we measure potential output (and consequently the output gap) using state-space models. Given that the estimated output gap is used as an indicator to measure the extent of inflationary pressures in the economy, we evaluate the use of such models for the implementation of monetary policy. Our starting point is the Gerlach […]1999-04-11T15:08:33+00:00enMeasuring Potential Output within a State-Space Framework1999-04-11Potential outputWorking Paper 1999-9 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp99-9.pdfMeasuring Potential Output within a State-Space FrameworkMaral KichianApril 1999DD2D24