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.
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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
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Section
Historia y Actualidad de la Costa Caribe