Measures of Potential Output : An Application to Israel /

This paper estimates measures of potential output for Israel, with the aim of providing evidence on whether the recent growth slowdown is principally a cyclical slowdown or a structural shift toward a slower growth path after the dramatic developments associated with the years of heavy immigration....

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Autor principal: Scacciavillani, Fabio
Altres autors: Swagel, Phillip
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1999.
Col·lecció:IMF Working Papers; Working Paper ; No. 1999/096
Accés en línia:Full text available on IMF
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245 1 0 |a Measures of Potential Output :   |b An Application to Israel /  |c Fabio Scacciavillani, Phillip Swagel. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1999. 
300 |a 1 online resource (28 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper estimates measures of potential output for Israel, with the aim of providing evidence on whether the recent growth slowdown is principally a cyclical slowdown or a structural shift toward a slower growth path after the dramatic developments associated with the years of heavy immigration. Israel poses a challenge because traditional methods of measuring potential output assume relatively stable conditions over an extended period of time. We employ five methodologies to derive estimates and find that four of the measures imply the slowdown stems largely from reduced growth of potential output rather than a cyclical slowdown. 
538 |a Mode of access: Internet 
700 1 |a Swagel, Phillip. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1999/096 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1999/096/001.1999.issue-096-en.xml  |z IMF e-Library