Does the Gap Model Work in Asia? /
There is considerable evidence from industrial countries that the output gap is an important determinant of inflation. We examine whether the gap model also works in developing, newly industrializing, and industrial Asian economies. Our output gaps are based on a new nonparametric estimation procedu...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
1996.
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| Edice: | IMF Working Papers; Working Paper ;
No. 1996/069 |
| On-line přístup: | Full text available on IMF |