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An Inflation-Predicting Measure of the Output Gap in the Euro Area
16 references·16 citing·49 second hopsampled
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References

  • 1998Stochastic Volatility: Likelihood Inference and Comparison with ARCH Models2,265 cited
  • 2007Why Has U.S. Inflation Become Harder to Forecast?1,719 cited
  • 1999Forecasting inflation1,273 cited
  • 1986Forecasting With Bayesian Vector Autoregressions—Five Years of Experience1,231 cited
  • 2013Handbook of Economic Forecasting1,216 cited
  • 2002The Unreliability of Output-Gap Estimates in Real Time944 cited
  • 2003An Area Wide Model (Awm) for the Euro Area641 cited
  • 1986Forecasting with Bayesian Vector Autoregressions: Five Years of Experience629 cited
  • 1983The World Economic Outlook595 cited
  • 2009Inflation-Gap Persistence in the US544 cited
  • 2003Why Are the Beveridge-Nelson and Unobserved-Components Decompositions of GDP So Different?542 cited
  • 2014Secular stagnation: facts, causes and cures497 cited
  • 1994Estimating Potential Output as a Latent Variable452 cited
  • 2010Real-Time Density Forecasts From Bayesian Vector Autoregressions With Stochastic Volatility423 cited
  • 1999Output gaps and monetary policy in the EMU area175 cited
  • 2006Trends and cycles in economic time series: A Bayesian approach

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132 cited

Cited by

  • 2019Estimating and accounting for the output gap with large Bayesian vector autoregressions65 cited
  • 2020A Model of the Fed's View on Inflation64 cited
  • 2020The Phillips Curve at the ECB58 cited
  • 2022New Approach to Inflation Phenomena to Ensure Sustainable Economic Growth52 cited
  • 2022Real-time inflation forecasting using non-linear dimension reduction techniques42 cited
  • 2018Mind the Output Gap: The Disconnect of Growth and Inflation during Recessions and Convex Phillips Curves in the Euro Area39 cited
  • 2017Flattening of the New Keynesian Phillips curve: Evidence for an emerging, small open economy37 cited
  • 2021Do Inflation Expectations Improve Model-Based Inflation Forecasts?37 cited
  • 2020Does the Phillips Curve Help to Forecast Euro Area Inflation?34 cited
  • 2021Measuring the Output Gap using Large Datasets34 cited
  • 2017Low Inflation and Monetary Policy in the Euro Area34 cited
  • 2020A Phillips curve for the euro area33 cited
  • 2021On the effectiveness of the European Central Bank’s conventional and unconventional policies under uncertainty21 cited
  • 2018Econometrics with system priors20 cited
  • 2022Modeling tail risks of inflation using unobserved component quantile regressions18 cited
  • 2021Markups and Inflation Cyclicality in the Euro Area18 cited