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Estimating Potential Output, Output Gaps and Structural Budget Balances

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/estimating-potential-output-output-gaps-and-structural-budget-balances_533876774515.html
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This paper reviews the methods used for estimating potential output in OECD countries and the use of the resulting output gaps for the calculation of structural budget balances. The "split time trend" method for estimating trend output that was previously used for calculating structural budget balances is compared with two alternative methods,...
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