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...

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Detalhes bibliográficos
Autor principal: Alichi, Ali
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2015.
Colecção:IMF Working Papers; Working Paper ; No. 2015/144
Acesso em linha:Full text available on IMF