An edition of Minding the gap: central bank estimates of the unemployment natural rate
(2005)
Minding the gap
central bank estimates of the unemployment natural rate
by Sharon Kozicki
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"A time-varying parameter framework is suggested for use with real-time multiperiod forecast data to estimate implied forecast equations. The framework is applied to historical briefing forecasts prepared for the Federal Open Market Committee to estimate the U.S. central bank's ex ante perceptions of the natural rate of unemployment. Relative to retrospective estimates, empirical results do not indicate severe underestimation of the natural rate of unemployment in the 1970s."
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Minding the gap: central bank estimates of the unemployment natural rate
2005, Research Division, Federal Reserve Bank of Kansas City
Electronic resource
in English
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Book Details
Edition Notes
Includes bibliographical references.
Title from PDF file (viewed on Nov. 2, 2005).
"Version: September 2005."
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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| December 13, 2020 | Edited by MARC Bot | import existing book |
| April 26, 2011 | Edited by WorkBot | merge works |
| December 10, 2009 | Created by WorkBot | add works page |