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The utilization-adjusted output gap : is the Russian economy overheating? /
This paper estimates the output gap in Russia using a utilization-adjusted production function approach, which we argue is preferable to traditional output gap methods. The approach amounts to (1) using available surveys to estimate the "natural rates" of capacity and labor utilization abo...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , |
| Autores Corporativos: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund, European Dept. and Policy Development and Review Dept.,
©2006.
|
| Colección: | IMF working paper ;
WP/06/68. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Oomes, Nienke, |e author. | |
| 245 | 1 | 4 | |a The utilization-adjusted output gap : |b is the Russian economy overheating? / |c Nienke Oomes and Oksana Dynnikova. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, European Dept. and Policy Development and Review Dept., |c ©2006. | ||
| 300 | |a 1 online resource (44 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
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| 347 | |a text file |2 rdaft |0 http://rdaregistry.info/termList/fileType/1002 | ||
| 490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/06/68 | |
| 504 | |a Includes bibliographical references. | ||
| 588 | 0 | |a Print version record. | |
| 520 | |a This paper estimates the output gap in Russia using a utilization-adjusted production function approach, which we argue is preferable to traditional output gap methods. The approach amounts to (1) using available surveys to estimate the "natural rates" of capacity and labor utilization above which inflation begins to accelerate; (2) estimating a production function with utilization-adjusted capital and labor inputs; and (3) defining potential output as the level of output obtained when both capital and labor are at their estimated natural rates. The results suggest that the output gap in Russia was negative between 1999 and 2003, but may have recently become positive, thus contributing to inflationary pressures | ||
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 505 | 0 | |a Contents -- I. INTRODUCTION -- II. THE NONACCELERATING INFLATION RATE OF FACTOR UTILIZATION -- III. FACTOR UTILIZATION IN RUSSIA -- A. Capacity Utilization -- B. Labor Utilization -- C. Estimating the Natural Rate -- IV. OUTPUT GAP ESTIMATES -- A. Trend Fitting and Statistical Filtering -- B. Production Function Approach -- V. CONCLUSIONS -- I. Characteristics and Methodology of Capacity Utilization Surveys -- II. Econometric NAICU Estimates -- III. Statistical Methods for Estimating the Output Gap -- References | |
| 546 | |a English. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Inflation (Finance) |z Russia |x Econometric models. | |
| 650 | 0 | |a Input-output analysis |z Russia |x Econometric models. | |
| 650 | 0 | |a Phillips curve |x Econometric models. | |
| 650 | 6 | |a Inflation |z Russie |x Modèles économétriques. | |
| 650 | 6 | |a Analyse input-output |z Russie |x Modèles économétriques. | |
| 650 | 6 | |a Courbe de Phillips |x Modèles économétriques. | |
| 650 | 7 | |a Inflation (Finance) |x Econometric models |2 fast | |
| 650 | 7 | |a Input-output analysis |x Econometric models |2 fast | |
| 650 | 7 | |a Phillips curve |x Econometric models |2 fast | |
| 651 | 7 | |a Russia |2 fast | |
| 700 | 1 | |a Dynnikova, Oksana, |e author. | |
| 710 | 2 | |a International Monetary Fund. |b European Department. | |
| 710 | 2 | |a International Monetary Fund. |b Policy Development and Review Department. | |
| 758 | |i has work: |a The utilization-adjusted output gap (Text) |1 https://id.oclc.org/worldcat/entity/E39PCFYrvx9TDmxkgFKfwTKfMP |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Oomes, Nienke. |t Utilization-adjusted output gap. |d [Washington, D.C.] : International Monetary Fund, European Dept. and Policy Development and Review Dept., ©2006 |w (OCoLC)74114083 |
| 830 | 0 | |a IMF working paper ; |v WP/06/68. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=3014462 |z Texto completo |
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