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The Bank of Canada's New Quarterly Porjection Model Part 4: A Semi- Structural Method to Estimate Potential Output: Combining Economic Theory with a Time-Series Filter

Leo Butler

Technical Reports from Bank of Canada

Abstract: The level of potential output plays a central role in the Bank of Canada's new Quarterly projection Model (QPM). This report, the fourth in a series documenting QPM, descridbes a general method to measure potential output, as well as its implementation in the QPM system.

Keywords: INPUT-OUTPUT ANALYSIS; CENTRAL BANKS; CANADA (search for similar items in EconPapers)
JEL-codes: D57 E58 (search for similar items in EconPapers)
Pages: 85 pages
Date: 1996
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