Has the recent real estate bubble biased the output gap?

Chanont Banternghansa and Adrian Peralta-Alva ()

Economic Synopses, 2009, No 45

Abstract: We offer a word of caution to policymakers: Policies based on point estimates of the output gap may not rest on solid ground.

Keywords: real; estate; investments (search for similar items in EconPapers)
Date: 2009
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