Statistical estimates of the deviations from the macroeconomic potential. An application to the economy of Bulgaria

Kaloyan Ganev ()

Macroeconomics from EconWPA

Abstract: The paper reviews the basic statistical methods for estimation of the deviations from the production potential of the economy. The emphasis is put on the a-theoretical approaches. To illustrate the application of the models data for the Bulgarian economy have been used, and on the basis of the obtained estimates general conclusions on the state and the development of some macroeconomic processes have been made.

Keywords: output gap; Bulgaria; filter; potential output (search for similar items in EconPapers)
JEL-codes: E (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cwa and nep-mac
Date: 2004-09-14
Note: Type of Document - pdf; pages: 25
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http://129.3.20.41/eps/mac/papers/0409/0409010.pdf (application/pdf)

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