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Estimates of Canada's potential GDP and output gap : a comparative analysis

Author: Russell A Barnett; Chris Matier; Canada. Office of the Parliamentary Budget Officer.
Publisher: Ottawa, Ont. : Office of the Parliamentary Budget Officer, 2010
Edition/Format:   eBook : Document : National government publication : English
Summary:
"In January 2010, PBO published its methodology and estimates of potential GDP (a measure of the economy's productive capacity) and the Government's structural budget balance (the balance that would be observed if the economy were operating at its potential). This note briefly reviews the usefulness of the concepts of potential GDP and the output gap (GDP relative to potential GDP), which figure prominently in the  Read more...
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Genre/Form: Electronic books
Material Type: Document, Government publication, National government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Russell A Barnett; Chris Matier; Canada. Office of the Parliamentary Budget Officer.
OCLC Number: 654777490
Description: 1 online resource (iii, 10 pages : graphs, tables)
Other Titles: Estimations du PIB potentiel et de l'écart de production du Canada :
Responsibility: prepared by Russell Barnett and Chris Matier.
More information:

Abstract:

"In January 2010, PBO published its methodology and estimates of potential GDP (a measure of the economy's productive capacity) and the Government's structural budget balance (the balance that would be observed if the economy were operating at its potential). This note briefly reviews the usefulness of the concepts of potential GDP and the output gap (GDP relative to potential GDP), which figure prominently in the conduct of both monetary and fiscal policy"--Key Points, p. i.

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