Can inflation data improve the real-time
β
Christophe Planas; Alessandro Rossi
π
Article
π
2004
π
John Wiley and Sons
π
English
β 120 KB
π 1 views
## Abstract Potential output plays a central role in monetary policy and shortβterm macroeconomic policy making. Yet, characterizing the output gap involves a trendβcycle decomposition, and unobserved component estimates are typically subject to a large uncertainty at the sample end. An important c