Estimates of Potential Output and the Neutral Rate for the U.S. Economy.
Estimates of potential output and the neutral short-term interest rate play important roles in policy making. However, such estimates are associated with significant uncertainty and subject to significant revisions. This paper extends the structural multivariate filter methodology by adding a moneta...
Washington, D.C. :
International Monetary Fund,
|Series:||IMF Working Papers; Working Paper ;
no. 18/152. |