ON THE MOLDOVAN ECONOMY’S POTENTIAL OUTPUT AND OUTPUT GAP: EVIDENCE FROM THE HODRICK-PRESCOTT FILTER
This paper introduces the notion of an economy’s potential output, its output gap and its output gap rate, analyses the properties of the Hodrick-Prescott filter drawing from the studies in the literature, and proceeds to estimate and discuss Moldova’s potential output, its output gap and its output...
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| Format: | Article |
| Language: | English |
| Published: |
National Institute for Economic Research
2024-06-01
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| Series: | Economy and Sociology |
| Subjects: | |
| Online Access: | https://economy-sociology.ince.md/index.php/Economy_and_Sociology/article/view/176/188 |
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