Author: Angelica E. Njuguna
Publisher:
ISBN:
Category : Input-output analysis
Languages : en
Pages : 76
Book Description
Alternative Methodologies for Measuring Kenya's Potential Output and Output Gap
Author: Angelica E. Njuguna
Publisher:
ISBN:
Category : Input-output analysis
Languages : en
Pages : 76
Book Description
Publisher:
ISBN:
Category : Input-output analysis
Languages : en
Pages : 76
Book Description
Alternative Methods of Estimating Potential Output and the Output Gap
Author: Valerie Cerra
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Estimating Potential Output
Author: Nelson H. Barbosa Filho
Publisher:
ISBN:
Category :
Languages : en
Pages : 90
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 90
Book Description
Estimating Potential Output in Developing Countries
Author:
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :
Book Description
Determinants of Interest Spread in Kenya
Author: Rose Ngugi
Publisher:
ISBN:
Category : Interest rates
Languages : en
Pages : 50
Book Description
Publisher:
ISBN:
Category : Interest rates
Languages : en
Pages : 50
Book Description
Hysteresis and Business Cycles
Author: Ms.Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1513536990
Category : Business & Economics
Languages : en
Pages : 50
Book Description
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Publisher: International Monetary Fund
ISBN: 1513536990
Category : Business & Economics
Languages : en
Pages : 50
Book Description
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Kenya National Bibliography
Author: Kenya National Library Service. National Reference & Bibliographic Department
Publisher:
ISBN:
Category : Kenya
Languages : en
Pages : 172
Book Description
Publisher:
ISBN:
Category : Kenya
Languages : en
Pages : 172
Book Description
Measuring Output Gap: Is It Worth Your Time?
Author: Mr.Jiaqian Chen
Publisher: International Monetary Fund
ISBN: 151352786X
Category : Business & Economics
Languages : en
Pages : 28
Book Description
We apply a range of models to the U.K. data to obtain estimates of the output gap. A structural VAR with an appropriate identification strategy provides improved estimates of output gap with better real time properties and lower sensitivity to temporary shocks than the usual filtering techniques. It also produces smaller out-of-sample forecast errors for inflation. At the same time, however, our results suggest caution in basing policy decisions on output gap estimates.
Publisher: International Monetary Fund
ISBN: 151352786X
Category : Business & Economics
Languages : en
Pages : 28
Book Description
We apply a range of models to the U.K. data to obtain estimates of the output gap. A structural VAR with an appropriate identification strategy provides improved estimates of output gap with better real time properties and lower sensitivity to temporary shocks than the usual filtering techniques. It also produces smaller out-of-sample forecast errors for inflation. At the same time, however, our results suggest caution in basing policy decisions on output gap estimates.
Fiscal Architecture and Revenue Capacity in Kenya
Author:
Publisher:
ISBN:
Category : Fiscal policy
Languages : en
Pages : 82
Book Description
Publisher:
ISBN:
Category : Fiscal policy
Languages : en
Pages : 82
Book Description
Monetary Policy Reaction Function for Kenya
Author:
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 60
Book Description
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 60
Book Description