Estimating Potential GDP for the Romanian Economy and Assessing the Sustainability of Economic Growth: A Multivariate Filter Approach

Estimating Potential GDP for the Romanian Economy and Assessing the Sustainability of Economic Growth: A Multivariate Filter Approach

In the current context of economic recovery and rebalancing, the necessity of modelling and estimating the potential output and output gap emerges in order to assess the quality and sustainability of economic growth, the monetary and fiscal policies, as well as the impact of business cycles. Despite...

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Bibliographic Details
Main Authors: Dan Armeanu, Georgiana Camelia Crețan, Leonard Lache, Mihaela Mitroi
Format: Article
Language:English
Published: MDPI AG 2015-03-01
Series:Sustainability
Subjects:
potential GDP
output gap
inflation
unemployment
NAIRU
manufacturing capacity utilization
Online Access:http://www.mdpi.com/2071-1050/7/3/3338

Internet

http://www.mdpi.com/2071-1050/7/3/3338

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