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What is potential GDP and why does it matter?

Author

Listed:
  • William T. Gavin

Abstract

One look at recent Congressional Budget Office data shows how much estimates of the output gap can change as time passes.

Suggested Citation

  • William T. Gavin, 2012. "What is potential GDP and why does it matter?," Economic Synopses, Federal Reserve Bank of St. Louis.
  • Handle: RePEc:fip:fedles:y:2012:n:11
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    File URL: http://research.stlouisfed.org/publications/es/12/ES_2012-04-20.pdf
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    Citations

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    Cited by:

    1. Hosseinkouchack, Mehdi & Wolters, Maik H., 2013. "Do large recessions reduce output permanently?," Economics Letters, Elsevier, vol. 121(3), pages 516-519.
    2. Dées, Stephane & Zimic, Srečko, 2019. "Animal spirits, fundamental factors and business cycle fluctuations," Journal of Macroeconomics, Elsevier, vol. 61(C), pages 1-1.
    3. Elise Marifian & Scott A. Wolla, 2012. "The output gap: a “potentially” unreliable measure of economic health?," Page One Economics Newsletter, Federal Reserve Bank of St. Louis, issue nov, pages 1-3, November.

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