Projecting Potential Output: Methods and Problems - Couverture souple

Hauptmeier, Sebastian

 
9783790821765: Projecting Potential Output: Methods and Problems

Synopsis

In spite of the widespread use of the concept of potential output in economic theory and empirical applications as well as in economic policy debates, the historical background and the assumptions inherent to this concept are rarely made transparent, let alone critically questioned. Against this background this book sets out to determine the extent to which the concept of potential output rests on clearly defined theoretical foundations and how far prevailing empirical quantification methods really provide reliable insights into potential output growth of an economy. In addition, the authors examine alternative methods for a forward-looking assessment of potential output growth.

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Autres éditions populaires du même titre

9783790821802: Projecting Potential Output

Edition présentée

ISBN 10 :  3790821802 ISBN 13 :  9783790821802
Editeur : Springer, 2009
Couverture souple