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