E23 - Production
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An Eclectic Approach to Estimating U.S. Potential GDP
The authors describe the principal results obtained from a new method applied to the estimation of potential U.S. GDP. -
The Bank of Canada's New Quarterly Projection Model, Part 4. A Semi-Structural Method to Estimate Potential Output: Combining Economic Theory with a Time-Series Filter
The level of potential output plays a central role in the Bank of Canada's new Quarterly Projection Model (QPM). This report, the fourth in a series documenting QPM, describes a general method to measure potential output, as well as its implementation in the QPM system.
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