Flaig, Gebhard; Plötscher, Claudia - In: IFO-Studien : Zeitschrift für empirische … 47 (2001) 2, pp. 221-232
This paper deals with the estimation of the output gap. We use uni- and bivariate unobserved components models in order … ifo business assessment variable as an indicator for the cycle the estimation of the output gap is much more precise and …