Model based measures of contemporaneous economic growth

e-Archivo Repository

Show simple item record

dc.contributor.author Espasa, Antoni
dc.contributor.author Cancelo, José Ramón
dc.contributor.editor Universidad Carlos III de Madrid. Departamento de Economía
dc.date.accessioned 2008-08-19T08:26:54Z
dc.date.available 2008-08-19T08:26:54Z
dc.date.issued 1991-07
dc.identifier.issn 2340-5031
dc.identifier.uri http://hdl.handle.net/10016/2809
dc.description.abstract In short term economic reports the use of different growth rate measures is misleading. This paper studies the question of using an unique measure -underlying growth-, which should be smoothed and in phase with the monthly increments of the corresponding variable. All possible solutions require the use of forecasts at the end of the sample. The paper proposes the use of models to obtain forecasts¡ then the contemporaneous underlying growth is a model based measure. An evaluation of the effects of the last innovations in the underlying growth can be obtained by comparing its last estimation with previous one. An example of its application, based on inflation analysis, is presented.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries Working Papers
dc.relation.ispartofseries 1991-22
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.other Short Terro Economic Analysis
dc.subject.other Signal Extraction
dc.subject.other Inflation
dc.subject.other Trend
dc.subject.other Economic Forecating
dc.title Model based measures of contemporaneous economic growth
dc.type workingPaper
dc.type workingPaper
dc.subject.eciencia Economía
dc.rights.accessRights openAccess
 Find Full text

Files in this item

*Click on file's image for preview. (Embargoed files's preview is not supported)


The following license files are associated with this item:

This item appears in the following Collection(s)

Show simple item record