Konferenzbeitrag
The Effect of Recessions on Potential Output Estimates: Size, Timing, and Determinants
We analyze when and how much OECD estimates of potential output are revised after recessions and which factors explain the size of these revisions. Inter alia, we find that following a recession, the OECD substantially revises downwards potential output, those revisions are larger than what is to be expected under the assumption of no hysteresis, and the recession depth, the primary balance, and the current account balance are predictors of post-recession revisions of potential output.
- Language
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Englisch
- Bibliographic citation
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Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Business Cycles II ; No. G07-V1
- Classification
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Wirtschaft
Business Fluctuations; Cycles
- Event
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Geistige Schöpfung
- (who)
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Dovern, Jonas
Zuber, Christopher
- Event
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Veröffentlichung
- (who)
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (where)
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Kiel, Hamburg
- (when)
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2017
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Konferenzbeitrag
Associated
- Dovern, Jonas
- Zuber, Christopher
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Time of origin
- 2017