A New Methodology for Estimating the Output Gap in the United States /
The gap between potential and actual output-the output gap-is a key variable for policymaking. This paper adapts the methodology developed in Blagrave and others (2015) to estimate the path of output gap in the U.S. economy. The results show that the output gap has considerably shrunk since the Grea...
Κύριος συγγραφέας: | |
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Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2015.
|
Σειρά: | IMF Working Papers; Working Paper ;
No. 2015/144 |
Διαθέσιμο Online: | Full text available on IMF |