A new methodology for estimating the output gap in the United States /

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Bibliographic Details
Author / Creator:Alichi, Ali, author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2015.
Description:1 online resource (17 pages) : color illustrations.
Language:English
Series:IMF working paper, 1018-5941 ; WP/15/144
IMF working paper ; WP/15/144.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12504531
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund. Western Hemisphere Department.
ISBN:9781513523460
1513523465
9781513588032
1513588036
1513507567
9781513507569
9781513507569
1513572806
9781513572802
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).
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.
Other form:Print Version: 9781513507569
Standard no.:10.5089/9781513507569.001