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Estimates of potential output are an important ingredient of structured forecasting and policy analysis. Using information on consensus forecasts, this paper extends the multivariate filter developed by Benes and others (2010). Although the estimates in real time are more robust relative to...
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-equilibrium simulation model with nominal rigidities and monopolistic competition in product and labor markets. We draw three conclusions …
Persistent link: https://www.econbiz.de/10002101549
Using a general-equilibrium simulation model featuring nominal rigidities and monopolistic competition in product and …
Persistent link: https://www.econbiz.de/10014071468
Using a general-equilibrium simulation model featuring nominal rigidities and monopolistic competition in product and …
Persistent link: https://www.econbiz.de/10013319351
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This paper explores the economic impacts of Korean unification on North and South Korea. It presents a new consistent database on macroeconomic, sectoral and trade data, and an input output table for the North Korean economy, and then incorporates it in a global intertemporal multi-sector...
Persistent link: https://www.econbiz.de/10012958478
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