European Parliament Library

Mongolia :, Measuring the Output Gap, Julia Bersch, Tara Sinclair

Contributor
Abstract
This paper compares the output gap estimates for Mongolia based on a number of different methods. Special attention is paid to the substantial role of mining in the Mongolian economy. We find that a Blanchard and Quah-type joint model of output and inflation provides a more robust estimate of the output gap for Mongolia than the traditional statistical decompositions
Table of contents
Cover Page; Title Page; Copyright Page; Contents; I. Introduction; 1. GDP and Exports; II. Data; III. Univariate Output Gap Measures; A. Linear Trend; 2. Univariate Output Gap Measures; B. Hodrick and Prescott (HP) Filter; C. Christiano Fitzgerald Frequency Filter; D. Comparison of Statistical Filters; IV. Multivariate Output Gap Measure: The Blanchard-Quah Decomposition; A. The Blanchard-Quah (BQ) Output Gap; 3. Blanchard-Quah Decomposition; B. Comparing the Multivariate to the Univariate Output Gap Measures; V. Nonmineral GDP; 4a. Overall and Nonmineral Output Gap Measures
Language
eng
Literary form
non fiction
Note
Description based upon print version of record
Physical description
1 online resource (27 p.)
Specific material designation
remote
Form of item
online
ISBN
9781455241149

Library Locations

  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
    Borrow
  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
    Borrow
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
    Borrow