Have a personal or library account? Click to login
Post-Crisis Potential Output in the Western Balkans Cover

References

  1. Becker T., Daianu D., Darvas Z., Gligorov V., Landesmann M., Petrovic P., Pisani-Ferry J., Rosati D., Sapir A., Weder di Mauro W. 2010. Whither growth in central and Eastern Europe? Policy lessons for an integrated Europe. Bruegel Blueprint Series. Vol 11.
  2. Beveridge, S. and Nelson, C. R. 1981. A New Approach to Decomposition of Economic Time Series into Permanent and Transitory Components with Particular Attention to Measurement of the ‘Business Cycle. Journal of Monetary Economics, vol. 7: 151-74.10.1016/0304-3932(81)90040-4
  3. Borio, C., Disyatat P. and Juseluis M. 2013. Rethinking Potential Output: Embedding Information about the Financial Cycle. BIS Working Papers No. 404.
  4. Campbell, John Y., and N. Gregory Mankiw. 1987. Permanent and Transitory Components in Macroeconomic Fluctuations. American Economic Review 77, No. 2: 111-117.
  5. Castle, J. 2003. Measuring Excess Demand and its Impact on Inflation. MPhil. Thesis. University of Oxford.
  6. Cerra, V. and Saxena, C.S. 2000. Alternative Methods of Estimating Potential Output and the Output Gap: An Application to Sweden. International Monetary Fund Working Paper No 00/59.10.5089/9781451847932.001
  7. Cerra, V. and Saxena, C.S. 2008. Growth Dynamics: The Myth of Economic Recovery. American Economic Review, 98(1): 439-457.10.1257/aer.98.1.439
  8. Cotis J.P, Elmeskov J. and Mourougane A. 2005. Estimates of potential output: Benefit and pitfalls from a policy perspective. In L. Rechling (Ed.) 2005. Euro area business cycle: stylized facts and Measurement issues. CEPR: London.
  9. Darvas Z., 2011. Beyond the Crisis: Prospects for Emerging Europe. Comparative Economic Studies 53: 261-290.10.1057/ces.2011.10
  10. De Brouwer G. 1998. Estimating Output Gaps. Research Discussion Paper 9806, Reserve Bank of Australia.
  11. De Masi, P.R. 1997. IMF Estimates of Potential Output: Theory and Practice. International Monetary Fund Working Paper No 97/177. Washington, DC.10.5089/9781451974980.001
  12. Edge, R. M., Kiley, M. T. and Laforte, J-P. 2007. Natural Rate Measures in an Estimated DSGE Model of the U.S. Economy. Finance and Economics Discussion Series 2007-8. Washington, DC: Board of Governors of the Federal Reserve System.10.17016/FEDS.2007.08
  13. European Bank for Reconstruction and Development 2009. Transition Report 2009: Transition in Crisis.
  14. European Central Bank 2011. Trends in potential output. Monthly Bulletin, pp. 73-85.
  15. European Commission 2001. Report on Potential Output and Output Gap, Economic Policy Committee, Report No ECFIN/ EPC/670/01/en, Brussels.
  16. European Commission 2009a. Spring Forecast 2009. European Economy 3.
  17. European Commission 2009b. Quarterly Report on the Euro Area, Vol. 8, No. 2.
  18. European Commission 2011a. 2011 Pre-Accession Economic Programs of Candidate Countries: EU Commission Assessments. European Economy Occasional Papers 80.
  19. European Commission 2011b. 2011 Pre-Accession Economic and Fiscal Programs of Potential Candidate Countries: EU Commission Assessments. European Economy Occasional Papers 81.
  20. European Commission 2013. Spring Forecast 2013: The EU Economy: Adjustment Continues. European Economy 2, 2013.
  21. Friedman, M. 1968. The Role of Monetary Policy. American Economic Review, 58 (March): 1 - 17.
  22. Fueki, T., Fukunaga, I., Ichiue, H. and Shirota, T. 2010. Measuring Potential Growth with an Estimated DSGE Model of Japan‘s Economy. Bank of Japan Working Paper Series No. 10 - E - 13.
  23. Gibbs, D. 1995. Potential Output: Concepts and Measurement. New Zealand Department of Labor Market Bulletin 1995 No. 1: 71-115.
  24. Harvey, A. C. and Jaeger, A. 1993. Detrending, Stylized Facts and the Business Cycle. Journal of Applied Econometrics, 8(3): 231-247.10.1002/jae.3950080302
  25. Hodrick R. J. and Prescott E. C. 1981. Post-War U.S. Business Cycles: An Empirical Investigation, Discussion Paper No. 451. The Center for Mathematical Studies in Economics & Management Sciences, Carnegie-Mellon University.
  26. International Monetary Fund 2009. Regional Economic Outlook: Europe - Securing Recovery. Washington, DC: International Monetary Fund.
  27. International Monetary Fund. 2009a. World Economic Outlook: Sustaining the Recovery. Washington, DC: International Monetary Fund.10.5089/9781589068988.081
  28. International Monetary Fund. 2011. Working Paper: The Impact of the Global Crisis on South-Eastern Europe. Washington, DC: International Monetary Fund.
  29. International Monetary Fund 2012. World Economic Outlook Update: Global Recovery Stalls, Downside Risks Intensify. Washington, DC: International Monetary Fund.
  30. International Monetary Fund. 2013a. World Economic Outlook: Transitions and Tensions. Washington, DC: International Monetary Fund.
  31. International Monetary Fund 2013b. Regional Economic Issues: Central, Eastern, and South-eastern Europe. Washington, DC: International Monetary Fund.
  32. Jahan, M., Mahmud A. S. 2013. What is the Output Gap, International Monetary Fund Finance & Development Vol 50, No. 3, Washington, DC: International Monetary Fund. http://www.imf.org/external/pubs/ft/fandd/2013/09/basics.htm (accessed February 22, 2014).
  33. Kuttner, K. 1994. Estimating Potential Output as a Latent Variable. Journal of Business and Economic Statistics Vol. 12, Issue 3. Alexandria, VA: American Statistical Association.10.2307/1392092
  34. Ladiray D., Mazzi, G. L., & Sartori, F. 2003. Statistical Methods for Potential Output Estimation and Cycle Extraction. Working Papers and Studies, Eurostat.
  35. Mc Morrow K. & Roger W. 2001. Potential Output: Measurement Methods, “New” Economy Influences and Scenarios for 2001-2010, ECFIN Economic Paper No 150
  36. Mishkin, F. S. 2007. Estimating Potential Output, Speech at the Conference on Price Measurement for Monetary Policy. May 24, 2007. Federal Reserve Bank of Dallas, Dallas, Texas.
  37. Parigi, S. and Siviero S., 2001. Economic Modeling Vol. 18: 525-550.10.1016/S0264-9993(00)00051-1
  38. Pedregal, D.J., and Young, P.C. 2001. Some Comments on the Use and Abuse of the Hodrick-Prescott Filter, Review on Economic Cycles No. II.
  39. Phelps, E. S. 1967. Phillips Curves Expectations of Inflation, and Optimal Inflation over Time. Economica, 34: 254 - 81.
  40. Turrini, A., Roeger W. and Szekely, I.P. 2011. Banking Crisis, Output Loss, and Fiscal Policy. CESifo Economic Studies.10.1093/cesifo/ifr026
  41. World Bank. 2010. Supporting Structural Reforms Needed for Increasing Competitiveness in the Western Balkans. Presentation at IPA 2010 Conference: Sustainable Results and Impacts, Brussels, December 6th 2010.
  42. Woodford, M. 2003. Interest and Prices: Foundations of a Theory of Monetary Policy. Princeton University Press.10.1515/9781400830169
Language: English
Page range: 23 - 33
Published on: Aug 15, 2014
Published by: University of Sarajevo
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2014 Naida Čaršimamović Vukotić, Irena Jankulov Suljagić, Irina Smirnov, published by University of Sarajevo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.