OUTPUT GAP IN TRANSITION ECONOMIES USING UNOBSERVED COMPONENT METHOD: THE CASE OF CZECH REPUBLIC, ESTONIA AND KOSOVO

OUTPUT GAP IN TRANSITION ECONOMIES USING UNOBSERVED COMPONENT METHOD: THE CASE OF CZECH REPUBLIC, ESTONIA AND KOSOVO

This paper investigates the concept and estimation of the output gap in transition economies, with special reference to the Czech Republic, Estonia and Kosovo. The motivation for investigating this phenomenon lies in the macroeconomic imbalances characterizing many transition economies, such as rela...

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Bibliographic Details
Main Authors: Albulenë Kastrati, Geoff Pugh, Valentin Toçi
Format: Article
Language:English
Published: University of Dubrovnik 2017-01-01
Series:Ekonomska Misao i Praksa
Subjects:
Output Gap
Unobserved Components Model
Kalman Filter
Transition Economies
Online Access:https://hrcak.srce.hr/file/282065

Internet

https://hrcak.srce.hr/file/282065

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