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Determination of the Output Gap for the Russian Economy

Определение разрыва выпуска для российской экономики

Natalia Vashchelyuk, Andrey Zubarev () and Pavel Trunin

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: This study focuses on the estimation of the output gap in the Russian economy. The first part is devoted to the review of the methods used to determine the output gap, which include one-dimensional statistical procedures, structural and semi-structural models. In the second part we provide estimates of the output gap using the Hodrick-Prescott filter, as well as models of unobservable components.

Keywords: output gap; Russian economy; Hodrick-Prescott filter (search for similar items in EconPapers)
Pages: 83 pages
Date: 2016-03-21
New Economics Papers: this item is included in nep-cis and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:rnp:wpaper:2137

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