Analyzing time-varying effects of potential output growth shocks

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Ozlale U., ÖZBEK L.

ECONOMICS LETTERS, cilt.98, sa.3, ss.294-300, 2008 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 98 Sayı: 3
  • Basım Tarihi: 2008
  • Doi Numarası: 10.1016/j.econlet.2007.05.006
  • Dergi Adı: ECONOMICS LETTERS
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Sayfa Sayıları: ss.294-300
  • Anahtar Kelimeler: potential output, extended Kalman filter, TRENDS
  • Ankara Üniversitesi Adresli: Evet

Özet

Employing a state space model, we find for the United States economy that potential output growth rate can deviate from its steady state level for substantially long periods. (c) 2007 Elsevier B.V. All rights reserved.