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dc.creatorJulio-Román, Juan Manuel
dc.creatorGómez-Pineda, Javier G.
dc.date.created1999-06-20
dc.date.issued1999-06-20
dc.identifier.urihttp://repositorio.banrep.gov.co/handle/20.500.12134/5143
dc.description.abstractThe authors propose a short run model for the monetary transmission mechanism in which the output gap is modelled as an unobserved variable. By estimating this model using maximum likelihood on a Kalman Filter, the authors find an estimate of the unobserv
dc.format.mimetypePDF
dc.language.isospa
dc.publisherBanco de la República
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesBorradores de Economía
dc.relation.isversionofBorradores de Economía; No. 125
dc.rights.accessRightsOpen Access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/
dc.titleOutput gap estimation, estimation uncertainty and its effect on policy rules
dc.typeWorking Paper
dc.subject.jelG00 - Financial Economics: General
dc.subject.jelE58 - Central Banks and Their Policies
dc.subject.jelE32 - Business Fluctuations; Cycles
dc.subject.keywordOutput
dc.subject.keywordGap estimation
dc.subject.keywordEstimation uncertainty
dc.subject.keywordPolicy rules
dc.subject.lembMecanismos de transmisión monetaria -- Colombia
dc.subject.lembInflación -- Colombia
dc.subject.lembProducto potencial -- Colombia
dc.subject.lembColombia -- Política económica
dc.type.spaDocumentos de trabajo
dc.rights.spaAcceso abierto
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspaE58 - Bancos centrales y sus políticas
dc.subject.jelspaG00 - Economía financiera: Generalidades
dc.subject.jelspaE32 - Fluctuaciones económicas; Ciclos
dc.type.hasversionPublished Version
dc.coverage.sucursalBogotá
dc.relation.doihttps://doi.org/10.32468/be.125
dc.rights.disclaimerLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
dc.relation.numberBorrador 125
dc.relation.repechttps://ideas.repec.org/p/bdr/borrec/125.html
dc.identifier.handlehttp://hdl.handle.net/20.500.12134/5143
dc.creator.firmaJavier G. Gómez-Pineda
dc.creator.firmaJulio-Román, Juan Manuel
dc.source.handleRepecRePEc:bdr:borrec:125


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This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit