Estimating Ireland’s Output Gap

From: Department of Finance
Published on: 23 December 2018
Last updated on: 4 January 2019

This paper presents the statistical filter models used by the Department of Finance to estimate the cyclical position (example: output gap) of the Irish economy.

They were first published in Stability Programme Update 2018 and then subsequently as part of Budget 2019.

Estimating Ireland’s output gap; an analysis using selected statistical filters

Authors: Gavin Murphy, Martina Nacheva, Luke Daly, December 2018

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