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150128 ||| eng |
| 020 |
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|a 9781475578256
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| 245 |
0 |
0 |
|a Guatemala
|b Selected Issues and Analytical Notes
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2013
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| 300 |
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|a 39 pages
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| 651 |
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4 |
|a Guatemala
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| 653 |
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|a State supervision
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| 653 |
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|a Revenue administration
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| 653 |
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|a Public debt
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| 653 |
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|a Potential output
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Output gap
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| 653 |
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|a Banks and banking
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| 653 |
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|a Monetary economics
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| 653 |
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|a General Financial Markets: Government Policy and Regulation
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| 653 |
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|a Debt Management
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| 653 |
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|a Fiscal Policy
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| 653 |
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|a Debts, Public
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| 653 |
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|a Production
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| 653 |
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|a Fiscal consolidation
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| 653 |
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|a Debt
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| 653 |
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|a Fiscal policy
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| 653 |
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|a Basel III
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| 653 |
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|a Sovereign Debt
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| 653 |
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|a Macroeconomics: Production
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| 653 |
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|a Taxation, Subsidies, and Revenue: General
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Financial regulation and supervision
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| 653 |
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|a Banking
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| 653 |
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|a Economic theory
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| 653 |
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|a Public Finance
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| 653 |
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|a Financial services law & regulation
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| 653 |
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|a Finance: General
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| 653 |
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|a Revenue
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| 653 |
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|a Production and Operations Management
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| 710 |
2 |
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|a International Monetary Fund
|b Middle East and Central Asia Dept
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| 041 |
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Staff Country Reports
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| 028 |
5 |
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|a 10.5089/9781475578256.002
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| 856 |
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|u https://elibrary.imf.org/view/journals/002/2013/248/002.2013.issue-248-en.xml?cid=40851-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a This Selected Issues paper estimates both Guatemala’s potential output and output gap using a wide range of econometric techniques. The analysis suggests that Guatemala’s potential output growth is about 3.5 percent for the whole sample period and that the output gap is almost closed. Results are highly robust among different methodologies. Among the methods used, several well-known time series filters and two different estimations of a state-space model are included. Additionally, a test for structural breaks in the series of potential GDP is presented. All methodologies conclude that the output gap at the end of 2012 is almost closed at -0.2 percent of potential GDP.
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