Estimating the trend rate of economic growth using the CFNAI
Scott Brave and
R. Andrew Butters
Chicago Fed Letter, 2013, issue June, No 311
Abstract:
This article shows how a new methodology for constructing the Chicago Fed National Activity Index (CFNAI) can be used to identify both the cyclical (medium-run) and trend (long-run) components of real gross domestic product (GDP) growth.
Keywords: Gross; domestic; product (search for similar items in EconPapers)
Date: 2013
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