Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that...

Der Erfolg der nach 1973 ergriffenen Strukturanpassungsmaßnahmen hat Chile zu einem Lehrbeispiel der neoliberalen Theorie gemacht, obwohl sich bei genauerem Hinsehen zeigt, daß viele wirtschaftspolitische Maßnahmen der achtziger Jahre keineswegs der reinen Lehre der "Chicago-Boys" um Milton...

ILO pub. Feasibility study on the design of an econometric model for assessment of economic growth and population dynamics in Indonesia - describes a modular approach to modelling based on EDP simulation techniques, discusses plan implementation and submodels regarding projections of economic...

ILO pub-WEP pub. Working paper on rural area poverty trends in Central America - summarizes findings of six case studies; looks at agricultural incomes, wages, and other poverty-linked economic indicators; examines impact of the export-oriented pattern of economic growth, particularly on small...

This paper is (over the formulas) self explaining . The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a So-cial factors relativized GDP. This index cuts out the part of the GDP that is long term fro-zen up by social transfers...

Prognosen der wirtschaftlichen Entwicklung auf regionaler Ebene sind bisher eher selten in der wissenschaftlichen Literatur und in der Praxis vorzufinden. Dies ist vor allem auf das Fehlen von Quartalsdaten und der nur wenigen potenziellen Indikatoren auf regionaler Ebene zurückzuführen. Der...

This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...