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Analyzing time-varying effects of potential output growth shocks
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.
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Published in: | Economics letters 2008-03, Vol.98 (3), p.294-300 |
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Language: | English |
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cites | cdi_FETCH-LOGICAL-c516t-daea393ca44ad9dfe59201ca4be093d90b6ee766d9366416a2bf6ceaf0a8986d3 |
container_end_page | 300 |
container_issue | 3 |
container_start_page | 294 |
container_title | Economics letters |
container_volume | 98 |
creator | Ozlale, Umit Ozbek, L |
description | 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. |
doi_str_mv | 10.1016/j.econlet.2007.05.006 |
format | article |
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identifier | ISSN: 0165-1765 |
ispartof | Economics letters, 2008-03, Vol.98 (3), p.294-300 |
issn | 0165-1765 1873-7374 |
language | eng |
recordid | cdi_proquest_miscellaneous_36799443 |
source | International Bibliography of the Social Sciences (IBSS); ScienceDirect Journals |
subjects | Deviation Extended Kalman filter Growth rates Measurement National economy Output potential Potential output U.S.A |
title | Analyzing time-varying effects of potential output growth shocks |
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