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

Authors

DOI:

https://doi.org/10.5377/reice.v6i11.6146

Keywords:

Potential product, Gross Domestic Product, Inflation, Hodrick - Prescott filter.

Abstract

This paper shows an estimate of the potential production and output gap of Nicaragua using the Hodrick-Prescott filter (1980), with data from the Central Bank of Nicaragua reports, from 1980 to 2014. The results of the estimation show that the level of production is above the potential product, which pushes up prices.

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Published

09-07-2018

Issue

Section

Artículos de Investigación

How to Cite

An estimate of the potential output of Nicaragua, using the Hodrick - Prescott filter. (2018). REICE: Revista Electrónica De Investigación En Ciencias Económicas, 6(11), 21-33. https://doi.org/10.5377/reice.v6i11.6146