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Real Time Estimates of the Euro Area Output Gap: Reliability and Forecasting Performance
16 references·0 citing·44 second hop
Real Time Estimates of the Euro Area Output Gap: Reliability and Forecasting Performance (2010)Real Time Estimates of the Euro Area Outp…Introducing the euro‐sting: Short‐term indicator of euro area growth (2010)Introducing the euro‐sting: S…The Reliability of Inflation Forecasts Based on Output Gap Estimates in Real Time (2005)The Reliability of Inflation …An area-wide model for the euro area (2004)An area-wide model for the eu…The quest for prosperity without inflation (2003)The quest for prosperity with…Forecasting Output and Inflation: The Role of Asset Prices (2003)Forecasting Output and Inflat…The Unreliability of Output-Gap Estimates in Real Time (2002)The Unreliability of Output-G…Federal Reserve Information and the Behavior of Interest Rates (2000)Federal Reserve Information a…Measuring Business Cycles: Approximate Band-Pass Filters for Economic Time Series (1999)Measuring Business Cycles: Ap…Forecasting Non-Stationary Economic Time Series (1999)Forecasting Non-Stationary Ec…Exchange rates and monetary fundamentals: what do we learn from long-horizon regressions? (1999)Exchange rates and monetary f…Postwar U.S. Business Cycles: An Empirical Investigation (1997)Postwar U.S. Business Cycles:…Estimating Potential Output as a Latent Variable (1994)Estimating Potential Output a…Detrending, stylized facts and the business cycle (1993)Detrending, stylized facts an…Heteroskedasticity and Autocorrelation Consistent Covariance Matrix Estimation (1991)Heteroskedasticity and Autoco…Univariate detrending methods with stochastic trends (1986)Univariate detrending methods…News or Noise? An Analysis of GNP Revisions (1986)News or Noise? An Analysis of…Macroeconomics and Reality (1980)Rules, discretion and reputation in a model of monetary policy (1983)The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models (2005)Macroeconomic Shocks and Their Propagation (2016)Deconstructing Monetary Policy Surprises: The Role of Information Shocks (2018)American Economic Review (2019)Discretion versus policy rules in practice (1993)Monetary Policy Rules (1999)The Science of Monetary Policy: A New Keynesian Perspective (1999)A New Measure of Monetary Shocks: Derivation and Implications (2003)A HISTORY OF THE FEDERAL RESERVE (2005)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)A new approach to decomposition of economic time series into permanent and transitory components with particular attention to measurement of the ‘business cycle’ (1981)Trends and random walks in macroeconmic time series (1982)Are Output Fluctuations Transitory? (1987)Common stochastic trends in international stock markets (1992)Low frequency filtering and real business cycles (1993)The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)The General Theory of Employment, Interest and Money. (1936)The Band Pass Filter (1999)On Adjusting the Hodrick-Prescott Filter for the Frequency of Observations (2002)Measuring Uncertainty (2015)Time Series Regression with a Unit Root (1987)Automatic Lag Selection in Covariance Matrix Estimation (1994)Emerging equity market volatility (1997)Bayesian Analysis of Stochastic Volatility Models (2002)Tests For Unit Roots: A Monte Carlo Investigation (1988)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)5 Stochastic volatility (1996)Forecasting inflation (1999)Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output (2002)Comparing Predictive Accuracy (1994)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)The macroeconomy and the yield curve: a dynamic latent factor approach (2005)Out-of-Sample Equity Premium Prediction: Combination Forecasts and Links to the Real Economy (2009)Credit Spreads and Business Cycle Fluctuations (2012)Econometric policy evaluation: A critique (1976)Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach (2005)Oil price shocks and real GDP growth: empirical evidence for some OECD countries (2005)How Has the Monetary Transmission Mechanism Evolved Over Time? (2010)Disagreement about Inflation Expectations (2003)New Evidence on the Interest Rate Effects of Budget Deficits and Debt (2009)
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References

  • 1997Postwar U.S. Business Cycles: An Empirical Investigation7,358 cited
  • 1991Heteroskedasticity and Autocorrelation Consistent Covariance Matrix Estimation4,039 cited
  • 1999Measuring Business Cycles: Approximate Band-Pass Filters for Economic Time Series2,829 cited
  • 1993Detrending, stylized facts and the business cycle1,202 cited
  • 2003Forecasting Output and Inflation: The Role of Asset Prices1,076 cited
  • 2000Federal Reserve Information and the Behavior of Interest Rates1,049 cited
  • 2002The Unreliability of Output-Gap Estimates in Real Time944 cited
  • 1986Univariate detrending methods with stochastic trends851 cited
  • 2003The quest for prosperity without inflation616 cited
  • 2004An area-wide model for the euro area478 cited
  • 1994Estimating Potential Output as a Latent Variable452 cited
  • 1999Exchange rates and monetary fundamentals: what do we learn from long-horizon regressions?429 cited
  • 1999Forecasting Non-Stationary Economic Time Series419 cited
  • 2010Introducing the euro‐sting: Short‐term indicator of euro area growth353 cited
  • 1986News or Noise? An Analysis of GNP Revisions300 cited

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2005
The Reliability of Inflation Forecasts Based on Output Gap Estimates in Real Time
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