09-074/2 - Visualizing the Invisible: Estimating the New Keynesian Output Gap via a Bayesian Approach

• Author
  Tim Willems, University of Amsterdam
• Publication date
  August 21, 2009

• Keywords
  Key words: Bayesian estimation; unobserved components model; New Keynesian model; output gap; New Keynesian Phillips curve
• JEL
  C53, E32, E37, E52