Measuring Business Cycle and Inflation Forecast

In this study we have measured business cycle through estimating output gap using different methods. The study counsels the output gaps by applying the famous statistical and structural techniques and then results of each method are compared with the historical events that have taken place. The study forecasts inflation by using different measures of output gaps and then results are compared on the basis of forecast accuracy.

Autorentext

I, Nouman Badar, did M.Sc and M.Phil in Economics from School of Economics Quaid-i-Azam University, Islamabad Pakistan. I am currently working as lecturer in Health Economics and Management Department at Health Services Academy Islamabad.