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

Kaloyan Ganev

Macroeconomics from University Library of Munich, Germany

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)
Pages: 25 pages
Date: 2004-09-14
New Economics Papers: this item is included in nep-cwa and nep-mac
Note: Type of Document - pdf; pages: 25
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Working Paper: Statistical estimates of the deviations from the macroeconomic potential. An application to the economy of Bulgaria (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpma:0409010

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