Estimating and Projecting Potential Output Using Structural VAR Methodology: The Case of the Mexican Economy
Alain DeSerres, Alain Guay, Pierre St‐Amant
Abstract
Alain DeSerres, Alain Guay, Pierre St‐Amant
Abstract
In this paper the authors show how potential output can be estimated and projected through an approach derived from the structural vector autoregression methodology. This approach is applied to the Mexican economy. To identify demand, supply and world oil shocks, the authors assume that demand shocks do not have a permanent effect on output and
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In this paper the authors show how potential output can be estimated and projected through an approach derived from the structural vector autoregression methodology. This approach is applied to the Mexican economy. To identify demand, supply and world oil shocks, the authors assume that demand shocks do not have a permanent effect on output and
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