This paper acts as a Vade Mecum for the EU’s commonly agreed production function methodology and provides a detailed description of a software tool aimed at simplifying the process of calculating potential output and output gap estimates.
Information and identifiers
Discussion Paper 148. October 2021. Brussels. PDF. 62pp. Tab. Graph. Bibliogr. Free.
ISBN 978-92-76-38749-7 (online)
ISSN 2443-8022 (online)
JEL classification: C10, E60, C87
European Economy Discussion Papers are written by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs, or by experts working in association with them, to inform discussion on economic policy and to stimulate debate. The views expressed in this document are solely those of the author(s) and do not necessarily represent the official views of the European Commission.