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  1. The production function methodology for calculating potential growth rates & output gaps
    Published: 2014
    Publisher:  Europ. Comm., Directorate-General for Economic and Financial Affairs, Brussels

    This paper provides a detailed description of the current version of the Ecofin Council approved production function (PF) methodology which is used for assessing both the productive capacity (i.e. potential output) and cyclical position (i.e. output... more

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    Location:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Location:
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    EDZ online a
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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    VS 289 (535)
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    This paper provides a detailed description of the current version of the Ecofin Council approved production function (PF) methodology which is used for assessing both the productive capacity (i.e. potential output) and cyclical position (i.e. output gaps) of EU economies. Compared with the previous 2010 paper on the same topic, there have been two significant changes to the PF methodology, namely an overhaul of the NAWRU methodology & the introduction of a new T+10 methodology.

     
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    Content information
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789279351846
    Other identifier:
    Series: Array ; 535
    Subjects: Production function methodology; potential growth rates; output gaps; development potential; economic growth; factor of production; productivity; economic indicator; EU production; national economy; production capacity; economic cycle; macroeconomics
    Scope: Online-Ressource (PDF-Datei; 120 S., 2,86 MB)