Estimating time-varying potential output and NAIRU using a multivariate filter for Türkiye
This paper extends the multivariate filter approach for estimating potential output and NAIRU developed for Türkiye by integrating the capacity utilization block into the model. The model gives more negative estimates of the output gap and smaller estimates of NAIRU in recession periods compared to...
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| Hovedforfatter: | |
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| Format: | Artigo |
| Sprog: | Inglês |
| Udgivet: |
Elsevier
2024-06-01
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| Serier: | Central Bank Review |
| Fag: | |
| Online adgang: | http://www.sciencedirect.com/science/article/pii/S130307012400012X |
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