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United States: Selected Issues

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 1999. "United States: Selected Issues," IMF Staff Country Reports 1999/101, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1999/101
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=3210
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    Citations

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    Cited by:

    1. Mr. Ravi Balakrishnan & Mr. Volodymyr Tulin, 2006. "U.S. Dollar Risk Premiums and Capital Flows," IMF Working Papers 2006/160, International Monetary Fund.
    2. Mr. Kenichi Ueda, 2002. "Implications of Migrationon Income and Welfare of Nationals," IMF Working Papers 2002/215, International Monetary Fund.
    3. International Monetary Fund, 2004. "Chile: Selected Issues," IMF Staff Country Reports 2004/292, International Monetary Fund.

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