Series: IMF Working Papers
Author(s): Paula De Masi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 1997
Keywords: potential output, output gap, total factor productivity, industrial countries, growth rates, real gdp, growth rate
The concepts of potential output and the output gap are central to the IMF’s analytical work in providing policy recommendations to member governments. This key role has stimulated research at the IMF to dev...