Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund. Western Hemisphere Department.
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ISBN: | 9781513523460 1513523465 9781513588032 1513588036 1513507567 9781513507569 9781513507569 1513572806 9781513572802
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Notes: | "July 2015." "Western Hemisphere Department." Includes bibliographical references (pages 14-15). English. Online resource; title from pdf title page (IMF.org Web site, viewed July 2, 2015).
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Summary: | 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. --Abstract.
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Other form: | Print Version: 9781513507569
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Standard no.: | 10.5089/9781513507569.001
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