The utilization-adjusted output gap : is the Russian economy overheating?

The utilization-adjusted output gap : is the Russian economy overheating? /

This paper estimates the output gap in Russia using a utilization-adjusted production function approach, which we argue is preferable to traditional output gap methods. The approach amounts to (1) using available surveys to estimate the "natural rates" of capacity and labor utilization abo...

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Bibliographic Details
Main Authors: Oomes, Nienke (Author), Dynnikova, Oksana (Author)
Corporate Authors: International Monetary Fund. European Department, International Monetary Fund. Policy Development and Review Department
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, European Dept. and Policy Development and Review Dept., ©2006.
Series:IMF working paper ; WP/06/68.
Subjects:
Inflation (Finance) > Russia > Econometric models.
Input-output analysis > Russia > Econometric models.
Phillips curve > Econometric models.
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