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The Reserve Bank's method of estimating "potential output"

Ashley Lienert and David Gillmore
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David Gillmore: Reserve Bank of New Zealand, http://www.rbnz.govt.nz

No AN2015/01, Reserve Bank of New Zealand Analytical Notes series from Reserve Bank of New Zealand

Abstract: Estimates of the "output gap" play a significant role in the thinking of inflation- targeting central banks. This note outlines how the Reserve Bank estimates the level of potential output and the output gap.facing small advanced economies, such as New Zealand.

Pages: 12 p
Date: 2015-03
New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
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Handle: RePEc:nzb:nzbans:2015/01