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Persistent link: https://www.econbiz.de/10003800292
Persistent link: https://www.econbiz.de/10008386646
We develop a new version of the production function (PF) approach usually used for estimating the output gap of the euro area. Our version does not call for any (often imprecise) measure of the capital stock and improves the estimation of the trend total factor productivity. We asses this...
Persistent link: https://www.econbiz.de/10005836945
We develop a new version of the production function (PF) approach for estimating the output gap of the euro area. Assuming a CES (constant elasticity of substitution) technology, our model does not call for any (often imprecise) measure of the capital stock and improves the estimation of the...
Persistent link: https://www.econbiz.de/10008547458
Persistent link: https://www.econbiz.de/10005792611
We develop a new version of the production function (PF) approach usually used for estimating the output gap of the euro area. Our version does not call for any (often imprecise) measure of the capital stock and improves the estimation of the trend total factor productivity. We asses this...
Persistent link: https://www.econbiz.de/10010756777
We develop a new version of the production function (PF) approach usually used for estimating the output gap of the euro area. Our version does not call for any (often imprecise) measure of the capital stock and improves the estimation of the trend total factor productivity. We asses this...
Persistent link: https://www.econbiz.de/10010798348
Persistent link: https://www.econbiz.de/10003951711