Analyzing time-varying effects of potential output growth shocks

Date

2008

Authors

Özlale, Ü.
Özbek, L.

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Source Title

Economics Letters

Print ISSN

0165-1765

Electronic ISSN

1873-7374

Publisher

Elsevier BV

Volume

98

Issue

3

Pages

294 - 300

Language

English

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Abstract

Employing a state space model, we find for the United States economy that potential output growth rate can deviate from its steady state level for substantially long periods. (c) 2007 Elsevier B.V. All rights reserved.

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Published Version (Please cite this version)