United States : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

September 15, 1999

Electronic Access:

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Summary:

This Selected Issues paper on the United States analyzes the measures of potential output, natural rate of unemployment, and capacity utilization. Traditionally, measures of resource utilization have been used as indicators for the potential build-up of inflation pressures, and hence as guides for the formulation of macroeconomic policy. The paper highlights that the most commonly used indicators of resource utilization in the United States are the output gap, the employment gap, and capacity utilization in industry. The paper also analyzes the wage and price determination and productivity trends in the United States.

Series:

Country Report No. 99/101

Subject:

English

Publication Date:

September 15, 1999

ISBN/ISSN:

9781451839579/1934-7685

Stock No:

1USAEA0021999

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

107

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