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Title Projecting potential output : methods and problems / by Sebastian Hauptmeier, Friedrich Heinemann, Marcus Kappler, Margit Kraus, Andreas Schrimpf, Hans-Michael Trautwein, Qingwei Wang.
Imprint Heidelberg : Physica-Verlag : ZEW, 2009.

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Series ZEW economic studies ; vol. 42
ZEW economic studies ; 42.
Subject Industrial productivity -- Forecasting.
Industrial efficiency -- Forecasting.
Alt Name Hauptmeier, Sebastian,
Heinemann, Friedrich, 1964-
Kappler, Marcus,
Kraus, Margit,
Schrimpf, Andreas,
Trautwein, Hans-Michael, 1957-
Wang, Qingwei (Finance),
Zentrum für Europäische Wirtschaftsforschung.
Description 1 online resource (vii, 200 pages) : illustrations.
polychrome rdacc
Contents THEORETICAL PART -- Introduction -- The Concept of Potential Output: A History of Origins -- Historical Positions and Controversies -- Epistemological Subsumption -- METHODOLOGICAL-EMPIRICAL PART -- Analysis and Criticism of Conventional Methods of Estimation -- Analysis of the Declining Trend in Germany's Potential Growth Performance -- Alternative Methods for a Forward-Looking Assessment of Potential GDP Growth -- Conclusions for Economic Policy and Empirical Macroeconomics.
Bibliography Note Includes bibliographical references.
Summary In spite of the widespread use of the concept of potential output in economic theory and empirical applications as well as in economic policy debates, the historical background and the assumptions inherent to this concept are rarely made transparent, let alone critically questioned. Against this background this book sets out to determine the extent to which the concept of potential output rests on clearly defined theoretical foundations and how far prevailing empirical quantification methods really provide reliable insights into potential output growth of an economy. In addition, the authors examine alternative methods for a forward-looking assessment of potential output growth.
Note Print version record.
ISBN 9783790821772 (electronic bk.)
3790821772 (electronic bk.)
ISBN/ISSN 10.1007/978-3-7908-2177-2
OCLC # 647757605
Additional Format Print version: Projecting potential output. Heidelberg : Physica-Verlag : ZEW, 2009 (DLC) 2009921248

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