Tracking trend output using expectations data
(2024)
Journal Article
Lee, K., & Mahony, M. (2024). Tracking trend output using expectations data. Journal of the Royal Statistical Society: Series A, Article qnae064. https://doi.org/10.1093/jrsssa/qnae064
This paper proposes a new approach to measuring trend output that exploits survey data on expectations to distinguish the e®ects of permanent and transitory shocks and to track the time-variation in the processes underlying the determination of outpu... Read More about Tracking trend output using expectations data.