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...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2015
|
| Schriftenreihe: | IMF Working Papers: Working Paper No. 15 / 144
|
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | 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 Great Recession, but still remains negative. While the results are more robust than other existing methodologies, there is still significant uncertainty surrounding the estimates |
| Beschreibung: | 1 Online-Ressource (17 p) |
| ISBN: | 1513507567 9781513507569 |
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| spelling | Alichi, Ali Verfasser aut A New Methodology for Estimating the Output Gap in the United States Alichi, Ali Washington, D.C International Monetary Fund 2015 1 Online-Ressource (17 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers: Working Paper No. 15 / 144 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 Great Recession, but still remains negative. While the results are more robust than other existing methodologies, there is still significant uncertainty surrounding the estimates Online-Ausg http://www.elibrary.imf.org/view/IMF001/22641-9781513507569/22641-9781513507569/22641-9781513507569.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Alichi, Ali A New Methodology for Estimating the Output Gap in the United States |
| title | A New Methodology for Estimating the Output Gap in the United States |
| title_auth | A New Methodology for Estimating the Output Gap in the United States |
| title_exact_search | A New Methodology for Estimating the Output Gap in the United States |
| title_exact_search_txtP | A New Methodology for Estimating the Output Gap in the United States |
| title_full | A New Methodology for Estimating the Output Gap in the United States Alichi, Ali |
| title_fullStr | A New Methodology for Estimating the Output Gap in the United States Alichi, Ali |
| title_full_unstemmed | A New Methodology for Estimating the Output Gap in the United States Alichi, Ali |
| title_short | A New Methodology for Estimating the Output Gap in the United States |
| title_sort | a new methodology for estimating the output gap in the united states |
| url | http://www.elibrary.imf.org/view/IMF001/22641-9781513507569/22641-9781513507569/22641-9781513507569.xml |
| work_keys_str_mv | AT alichiali anewmethodologyforestimatingtheoutputgapintheunitedstates |