Finance neutral potential output : an evaluation on an emerging market monetary policy context

Citation data:

Borradores de Economía; No. 958

Publication Year:
2016
Usage 102
Abstract Views 53
Downloads 49
Repository URL:
http://repositorio.banrep.gov.co/handle/20.500.12134/6269
RePec URLs:
https://ideas.repec.org/p/bdr/borrec/958.html
Author(s):
Amador-Torres, Juan Sebastián
Publisher(s):
Banco de la República
Tags:
C53 - Forecasting and Prediction Methods; Simulation Methods; E44 - Financial Markets and the Macroeconomy; E47 - Money and Interest Rates: Forecasting and Simulation: Models and Application; E52 - Monetary Policy; E37 - Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Application; Potential output; Financial cycle; Real-time data; Monetary policy; Emerging economy; Economía -- Colombia; Política monetaria -- Colombia; Ciclos financieros -- Colombia; Brecha de producción -- Colombia; Econometría -- Colombia; E37 - Precios, fluctuaciones y ciclos económicos: Predicción y simulación; Modelos y aplicación; C53 - Métodos de pronóstico y predicción; métodos de simulación; E52 - Política monetaria; E44 - Mercados financieros y macroeconomía; E47 - Dinero y tipos de interés: Predicción y simulación; Modelos y aplicación; Potential output, financial cycle, real-time data, monetary policy, emerging economy
paper description
In this paper output gaps that include financial cycle information are evaluated against models used in policy analysis by the Colombian central bank. Employing this dataset is no trivial matter, since policy related models are the only relevant yardstick