A new production function estimate of the euro area output gap

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 trend t...

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Bibliographic details
Volume: 29
Main Author: Lemoine, M
Mazzi, G.L
Monperrus-Veroni, P
Reynes, F.G.D
Format: Journal Article
Language: English
Place of publication: Chichester, UK John Wiley & Sons, Ltd 2010
published in: Journal of forecasting Vol. 29; no. 1-2; pp. 29 - 53
Related: Environmental Economics
Data of publication: 2010
ISSN: 0277-6693
EISSN: 1099-131X
Discipline: Economics
Social Sciences (General)
Bibliography: December 2007.
This paper is based on a report for Eurostat: ‘Real time estimation of potential output, output gap, NAIRU and Phillips curve for Euro‐zone’, part of the
Advanced statistical and econometric techniques for the analysis of PEEIs EUROSTAT Project
Online Access: available in Bonn?
Database: NARCIS:Publications
NARCIS: Datasets
Social Sciences Citation Index
Web of Knowledge
Web of Science - Social Sciences Citation Index - 2010
Web of Science
Database information Databases - DBIS