| Name : R-RGAP
| |
| Version : 0.1.1
| Vendor : obs://build_opensuse_org/devel:languages:R
|
| Release : lp156.2.1
| Date : 2024-06-24 15:04:34
|
| Group : Development/Libraries/Other
| Source RPM : R-RGAP-0.1.1-lp156.2.1.src.rpm
|
| Size : 1.73 MB
| |
| Packager : https://www_suse_com/
| |
| Summary : Production Function Output Gap Estimation
|
Description :
The output gap indicates the percentage difference between the actual
output of an economy and its potential. Since potential output is a
latent process, the estimation of the output gap poses a challenge and
numerous filtering techniques have been proposed. \'RGAP\' facilitates
the estimation of a Cobb-Douglas production function type output gap,
as suggested by the European Commission (Havik et al. 2014)
< https://ideas.repec.org/p/euf/ecopap/0535.html>. To that end, the
non-accelerating wage rate of unemployment (NAWRU) and the trend of
total factor productivity (TFP) can be estimated in two bivariate
unobserved component models by means of Kalman filtering and smoothing.
\'RGAP\' features a flexible modeling framework for the appropriate
state-space models and offers frequentist as well as Bayesian
estimation techniques. Additional functionalities include direct access
to the \'AMECO\'
< https://economy-finance.ec.europa.eu/economic-research-and-databases/economic-databases/ameco-database_en>
database and automated model selection procedures. See the paper by
Streicher (2022) < http://hdl.handle.net/20.500.11850/552089> for
details.
|
RPM found in directory: /packages/linux-pbone/ftp5.gwdg.de/pub/opensuse/repositories/devel:/languages:/R:/autoCRAN/15.6/x86_64 |
