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Bank of Canada RSS Feedsen2024-03-28T22:21:58+00:00An Alternative Estimate of Canadian Potential Output: The Multivariate State-Space Framework
https://www.bankofcanada.ca/2018/11/staff-discussion-paper-2018-14/
In this paper, we extend the state-space methodology proposed by Blagrave et al. (2015) and decompose Canadian potential output into trend labour productivity and trend labour input. As in Blagrave et al. (2015), we include output growth and inflation expectations from consensus forecasts to help refine our estimates.2018-11-23T09:53:57+00:00enAn Alternative Estimate of Canadian Potential Output: The Multivariate State-Space Framework2018-11-23Economic modelsPotential outputStaff Discussion Paper 2018-14https://www.bankofcanada.ca/wp-content/uploads/2018/11/SDP2018-14.pdfAn Alternative Estimate of Canadian Potential Output: The Multivariate State-Space FrameworkLise PichetteMaria BernierMarie-Noƫlle RobitailleNovember 2018CC5EE0E5