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- W101440156 abstract "In this work we provide a review of the literature, both theorical and empirical, on the estimation of potential output and the output gap, with special reference to the estimates for the Spanish economy. First, we examine different approaches, both statistical and economic, that have been used in the literature to estimate the potential output by separating the trend (or long un) component form the cyclical (or short run) component. The correct estimation of the potential output of an economy, and the resulting output gap, is particulary important for the implementation of economic policies and for measuring the structural fi scal position of the economy. Second, we present an extensive review of the empirical literature that is focused on the Spanish economy, highlighting the different techniques used and the results achieved in this context." @default.
- W101440156 created "2016-06-24" @default.
- W101440156 creator A5042218654 @default.
- W101440156 date "2012-01-01" @default.
- W101440156 modified "2023-09-23" @default.
- W101440156 title "Estimación de la producción potencial y brecha de producción: una revisión de los métodos y la evidencia empírica para la economía española" @default.
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