Osman, Mohamed A.; Louis, Rosmy Jean; Balli, Faruk - In: International Journal of Monetary Economics and Finance 5 (2012) 1, pp. 76-86
In this paper, we accomplish two tasks. First, we estimate the output gap for the United Arab Emirates using the … production function approach. Secondly, we evaluate to what extent the fluctuations of the output gap are an important indicator … of domestic inflation. We find that the output gap profile produced by the production function approach fits reasonably …