An estimate of the potential product of Nicaragua, using the Hodrick - Prescott filter

Keywords: potential output, gross domestic product , inflation, Hodrick – Prescott filter

Abstract

An estimate of the potential production and output gap of Nicaragua has been made using the Hodrick-Prescott filter (1980), with data from the reports of the Central Bank of Nicaragua, taking the years 1980-2014 as a reference. The estimation results show that the level of production is above potential product, which puts upward pressure on prices.

Downloads

Download data is not yet available.

Author Biography

Oslund Rains Franklin Sam, University of the Autonomous Regions of the Nicaraguan Caribbean Coast

Doctor en Ciencias Económicas, Director de contrataciones y adquisiciones de la Universidad de las Regiones Autónomas de la Costa Caribe Nicaragüense 

Published
2020-07-04
How to Cite
Franklin Sam, O. (2020). An estimate of the potential product of Nicaragua, using the Hodrick - Prescott filter. University Journal of the Caribbean, 24(01), 61-67. https://doi.org/https://doi.org/10.5377/ruc.v24i01.9911
Section
Historia y Actualidad de la Costa Caribe