Potential Output in the Seven Major OECD Countries:
This paper outlines the concepts and methods used by the OECD Secretariat to derive estimates of potential output and capacity utilisation for the major seven countries. While there are many alternative definitions of potential output, the one which is currently being used by the OECD Secretariat re...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
1989
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| Schriftenreihe: | OECD Economics Department Working Papers
no.66 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper outlines the concepts and methods used by the OECD Secretariat to derive estimates of potential output and capacity utilisation for the major seven countries. While there are many alternative definitions of potential output, the one which is currently being used by the OECD Secretariat refers to the level of output that is consistent over the medium-term with stable inflation. The paper also contrasts the OECD approach and estimates with those published recently by the IMF. Finally, it presents the results of some INTERLINK simulations designed to illustrate some of the possible effects of faster productivity and potential output growth on macroeconomic performance ... |
| Beschreibung: | 1 Online-Ressource (44 p.) 21 x 29.7cm. |
| DOI: | 10.1787/756608308425 |
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| indexdate | 2024-11-26T14:55:58Z |
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| spelling | Torres, Raymond VerfasserIn aut Potential Output in the Seven Major OECD Countries Raymond, Torres and John P., Martin Paris OECD Publishing 1989 1 Online-Ressource (44 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.66 This paper outlines the concepts and methods used by the OECD Secretariat to derive estimates of potential output and capacity utilisation for the major seven countries. While there are many alternative definitions of potential output, the one which is currently being used by the OECD Secretariat refers to the level of output that is consistent over the medium-term with stable inflation. The paper also contrasts the OECD approach and estimates with those published recently by the IMF. Finally, it presents the results of some INTERLINK simulations designed to illustrate some of the possible effects of faster productivity and potential output growth on macroeconomic performance ... Economics Martin, John P... MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/756608308425 Volltext |
| spellingShingle | Torres, Raymond Potential Output in the Seven Major OECD Countries Economics |
| title | Potential Output in the Seven Major OECD Countries |
| title_auth | Potential Output in the Seven Major OECD Countries |
| title_exact_search | Potential Output in the Seven Major OECD Countries |
| title_full | Potential Output in the Seven Major OECD Countries Raymond, Torres and John P., Martin |
| title_fullStr | Potential Output in the Seven Major OECD Countries Raymond, Torres and John P., Martin |
| title_full_unstemmed | Potential Output in the Seven Major OECD Countries Raymond, Torres and John P., Martin |
| title_short | Potential Output in the Seven Major OECD Countries |
| title_sort | potential output in the seven major oecd countries |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/756608308425 |
| work_keys_str_mv | AT torresraymond potentialoutputinthesevenmajoroecdcountries AT martinjohnp potentialoutputinthesevenmajoroecdcountries |