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2006 | 54 | 4 | 337-351
Article title

AN ALTERNATIVE APPROACH TO MEASURING OUTPUT GAP

Authors
Title variants
Languages of publication
EN
Abstracts
EN
This paper tries to identify the inflationary pressures in the Slovak economy by two methods. The first method uses concept of output gap considered as a main determinant of the inflation dynamics. The traditional output gap is estimated by the structural vector autoregressive (SVAR) technique. An emphasis of the paper is however placed on a new way of looking at the inflation dynamics. The second method, based on this framework, uses the real unit labor cost in order to identify inflationary pressures in the Slovak economy.
Contributors
  • J. Zeman, Ekonomický ústav SAV, Sancová 56, 811 05 Bratislava 1, Slovak Republic
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
06SKAAAA01563425
YADDA identifier
bwmeta1.element.0fdf6a6e-e3b6-3a9d-8ed2-137902c112dd
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