Hidden Bibliographic Details
| Other authors / contributors: | Macchiarelli, Corrado, author.
International Monetary Fund. European Department, issuing body.
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| ISBN: | 128355237X
9781283552370
9781451918649
145191864X
9781452743998
1452743991
9781451962093
1451962096
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| ISSN: | 2227-8885
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| Notes: | At head of title: European Department.
'January 2010."
Includes bibliographical references (pages 17-19).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2011.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2011 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | The paper develops a methodology based on the production-function approach to estimate potential output of the Polish economy. The paper concentrates on obtaining a robust estimate of the labor input by deriving Poland's natural rate of unemployment. The estimated unemployment gap is found to track well pressures on resource constraints. Moreover, the overall results show that, prior to the recent global financial crisis, Poland's output and employment were both growing above potential. The production function is also used to derive medium-term projections of the output gap. According to our methodology, in the aftermath of the global crisis, Poland is not expected to experience a sizable and persistent negative output gap.
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| Other form: | Print version: Epstein, Natan P. Estimating Poland's potential output. [Washington, D.C.] : International Monetary Fund, [2010], ©2009
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| Standard no.: | 10.5089/9781451918649.001
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