Projecting Potential Output: Methods and Problems: 42 - Brossura

Hauptmeier, Sebastian

Brossura

ISBN 10: 3790821764 ISBN 13: 9783790821765

Casa editrice: Physica, 2009

Riassunto

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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Dalla quarta di copertina

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.

Dettagli dell'edizione

• Editore: Physica
• Data di pubblicazione: 2009
• Lingua: Inglese
• ISBN 10: 3790821764
• ISBN 13: 9783790821765
• Rilegatura: Copertina flessibile
• Numero di pagine: 208
• Contatto del produttore: non disponibile
• Persona responsabile: non disponibile