Ince, Onur; Papell, David H. - In: Economic Modelling 33 (2013) C, pp. 713-721
This paper investigates the differences between real-time and ex-post output gap estimates using a newly-constructed international real-time dataset over the period from 1973:Q1 to 2012:Q3. We extend the findings in Orphanides and van Norden (2002) for the United States that the use of ex-post...