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Front -- Contents -- Introduction -- Austere ideas for austere societies from Aristotle to Aquinas -- Austerity v …. reason from Mandeville to Voltaire -- Austerity for capitalism from Smith to Weber -- Austerity for stability from the Great … War to the next -- Austerity can wait Keynes -- Austerity for the state Hayek -- Austerity for the planet green ideas of …
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This paper aims at constructing potential output and output gap measures for the United Kingdom which are pinned down by macroeconomic relationships as well as financial indicators. The exercise is based on a parsimonious unobserved components model which is estimated via Bayesian methods where...
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