EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks.
A Theory-Consistent System Approach for Estimating Potential Output and the NAIRU
Mikael Apel ()
Working Paper Series from Sveriges Riksbank (Central Bank of Sweden)
A new approach is proposed for estimating potential output and the NAIRU. Identification is achieved using Okun’s law and a Phillips curve. The performance of the methodology is exemplified using data from Canada, the UK, and the US.
Keywords: NAIRU; Okun's law; Phillips curve; Potential output; Unobserved-components models (search for similar items in EconPapers)
JEL-codes: C32 E32 (search for similar items in EconPapers)
References: Add references at CitEc Citations View citations in EconPapers (12) Track citations by RSS feed
Published in Economics Letters, 1999, pages 271-275.
Downloads: (external link) http://www.riksbank.com/upload/994/98nr74.pdf (application/pdf)
Related works: Journal Article: A theory-consistent system approach for estimating potential output and the NAIRU (1999) This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:hhs:rbnkwp:0074
Access Statistics for this paper
More papers in Working Paper Series from Sveriges Riksbank (Central Bank of Sweden)
Address: Sveriges Riksbank, SE-103 37 Stockholm, Sweden Contact information at EDIRC. Series data maintained by Lena Löfgren ().