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...
Yazar: | |
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Materyal Türü: | Dergi |
Dil: | English |
Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2015.
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Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2015/144 |
Online Erişim: | Full text available on IMF |