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Essay

The Output Gap: the Case of Lithuania

Essay specific features

 

Issue:

Business

 

Written by:

Timothy P

 

Date added:

November 23, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

37 / 10156

 

Was viewed:

2925 times

 

Rating of current essay:

 
Essay content:

Historically, different measures tend to co-move and indicate the same sign of the output gap. The Russian crisis stands out as the most influential event during the whole period in terms of output gap and potential GDP development. Besides, the thesis does not find evidence of significant positive relationship between the output gap and inflation in Lithuania...
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Besides, the thesis does not find evidence of significant positive relationship between the output gap and inflation in Lithuania. Finally, the thesis illustrates problems in making precise real-time gap estimations and thus ends with a range of possible values for the current state of the output gap...
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