Rueda, Acevedo; Alexis, Rafael; Mora Mora, José U.; … - Volkswirtschaftliche Fakultät, … - 2012
This paper estimates the GDP gap in Venezuela by means of the structural VAR methodology and the Blanchard and Quah decomposition for the period 1999:1-2010:4. We use quarterly data for the inflation rate, real GDP, unemployment rate, and oil prices. We identify fiscal and monetary innovations...