Assessing the ability of output gap estimates to forecast inflation in emerging countries
We find that, while different models used to estimate the output gap in five major emerging economies show similar trends over time, they lead to different conclusions about how well the output gap can predict inflation. This suggests that the choice of model can significantly impact the conclusions...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
Voprosy Ekonomiki
2025-06-01
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| Series: | Russian Journal of Economics |
| Online Access: | https://rujec.org/article/126000/download/pdf/ |
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