Estimates of potential output are an important ingredient of structured forecasting and policy analysis. Using information on consensus forecasts, this paper ex

This paper develops a simple model for measuring potential output that uses data on inflation, unemployment, and capacity utilization. We apply the model to 10

Estimates of potential output are an important ingredient of structured forecasting and policy analysis. Using information on consensus forecasts, this paper ex

Estimates of potential output are an important component of a structured forecasting and policy analysis system. Using information on capacity utilization, this

The estimates of potential output and the output gap presented in this paper are not official IMF estimates. The programs and potential output estimates in this