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A New Methodology for Estimating the Output Gap in the United States

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by Ali Alichi
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A New Methodology for Estimating the Output Gap in the United States by Ali Alichi

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.

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Ebook Details
Pages: 17
Size: 1.0 MB
Date published:   2015
ISBN: 9781513523460 (DRM-EPUB)

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This product is listed in the following categories:

Nonfiction > Social Science
Nonfiction > Social Science > Third World Development

This author has products in the following categories:

Nonfiction > Business & Economics > International
Nonfiction > Social Science
Nonfiction > Social Science > Third World Development
Nonfiction > Business & Economics
Nonfiction > Business & Economics > International > Economics
Nonfiction > Business & Economics > Economics > Macroeconomics
Nonfiction > Business & Economics > Economics

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