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Labor Force Participation in Chile

Labor Force Participation in Chile »

Source: Labor Force Participation in Chile : Recent Trends, Drivers, and Prospects

Volume/Issue: 2017/54

Series: IMF Working Papers

Author(s): Patrick Blagrave , and Marika Santoro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 March 2017

ISBN: 9781475586213

Keywords: Labor force participation, Chile, Women, Potential output, Labor supply, Aging, Labor force partipation, female labor force participation, potential output, Labor Economics Policies

Gains in labor force participation rates in Chile have slowed in recent years. We examine their determinants using a cohort-model analysis. Allowing for both age- and cohort-specific effects in the context of a see...

Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom1

Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom1 »

Source: Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom

Volume/Issue: 2016/27

Series: IMF Working Papers

Author(s): Aqib Aslam , Samya Beidas-Strom , Rudolfs Bems , Oya Celasun , Sinem Kılıç Çelik , and Zsoka Koczan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2016

ISBN: 9781498338158

Keywords: Resource Boom, commodity, output, trade, price, prices, Global Commodity Crises, Resource Booms, All Countries,, Natural resources

Commodity prices have declined sharply over the past three years, and output growth has slowed considerably among countries that are net exporters of commodities. A critical question for policy makers in these econ...

Financial Factors

Financial Factors »

Source: Financial Factors : Implications for Output Gaps

Volume/Issue: 2015/153

Series: IMF Working Papers

Author(s): Pau Rabanal , and Marzie Taheri Sanjani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2015

ISBN: 9781513512860

Keywords: Monetary Union, Output Gap, Financial Frictions, Bayesian Estimation, potential output, credit, costs, monetary policy, Model Construction and Estimation, Monetary Policy (Targets

We suggest a new approach for analyzing the role of financial variables and shocks in computing the output gap. We estimate a two-region DSGE model for the euro area, with financial frictions at the household level...

Labor Market Slack and the Output Gap: The Case of Korea

Labor Market Slack and the Output Gap: The Case of Korea »

Source: Labor Market Slack and the Output Gap: The Case of Korea

Volume/Issue: 2019/167

Series: IMF Working Papers

Author(s): Niels-Jakob Hansen , Joannes Mongardini , and Fan Zhang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 August 2019

ISBN: 9781513508344

Keywords: Total factor productivity, Labor markets, Labor force, Capacity utilization, Supply and demand, Potential output, labor markets., output gap, broad measure, slack

Output gap estimates are widely used to inform macroeconomic policy decisions, including in Korea. The main determinant of these estimates is the measure of labor market slack. The traditional measure of unemployme...

Potential Output and Output Gap in Central America, Panama and Dominican Republic

Potential Output and Output Gap in Central America, Panama and Dominican Republic »

Source: Potential Output and Output Gap in Central America, Panama and Dominican Republic

Volume/Issue: 2013/145

Series: IMF Working Papers

Author(s): Christian Johnson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 June 2013

ISBN: 9781484322208

Keywords: Potential growth, output gap, growth decomposition, switching, state-space model, time series, tfp, gdp growth, business cycle, General,

Potential Output is a key factor for debt sustaintability analysis and for developing strategies for growth, but unfortunately it is an unobservable variable. Using three methodologies (production function, switchi...

Estimates of Potential Output and the Neutral Rate for the U.S. Economy

Estimates of Potential Output and the Neutral Rate for the U.S. Economy »

Source: Estimates of Potential Output and the Neutral Rate for the U.S. Economy

Volume/Issue: 2018/152

Series: IMF Working Papers

Author(s): Ali Alichi , Rania Al-Mashat , Hayk Avetisyan , Jaromir Benes , Olivier Bizimana , Aram Butavyan , Robert Ford , Narek Ghazaryan , Vahagn Grigoryan , Mane Harutyunyan , Anahit Hovhannisyan , Edgar Hovhannisyan , Hayk Karapetyan , Mariam Kharaishvili , Douglas Laxton , Akaki Liqokeli , Karolina Matikyan , Gevorg Minasyan , Shalva Mkhatrishvili , Armen Nurbekyan , Andrei Orlov , Babken Pashinyan , Garik Petrosyan , Yekaterina Rezepina , Aleksandr Shirkhanyan , Tamta Sopromadze , Lusine Torosyan , Erik Vardanyan , Hou Wang , and Jiaxiong Yao

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

ISBN: 9781484366325

Keywords: United States, Western Hemisphere, Potential output, Macroeconomic Modeling, Neutral Rate, Model Construction and Estimation, Monetary Policy (Targets, Instruments, and Effects)

Estimates of potential output and the neutral short-term interest rate play important roles in policy making. However, such estimates are associated with significant uncertainty and subject to significant revisions...

A Closed Form Multivariate Linear Filter

A Closed Form Multivariate Linear Filter »

Source: A Closed Form Multivariate Linear Filter

Volume/Issue: 2018/275

Series: IMF Working Papers

Author(s): Francis Vitek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 December 2018

ISBN: 9781484388785

Keywords: Closed form; Multivariate linear filter; New Keynesian model; Potential output; Natural rate of unemployment; Natural rate of interest

This paper considers the problem of jointly decomposing a set of time series variables into cyclical and trend components, subject to sets of stochastic linear restrictions among these cyclical and trend components...

Republic of Korea: 2019 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for the Republic of Korea

Republic of Korea: 2019 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for the Republic of Korea »

Source: Republic of Korea : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Korea

Volume/Issue: 2019/132

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 2019

ISBN: 9781498314794

Keywords: Financial and Monetary Sector, Consumption, Fiscal policy, Expenditures, Production, BOK, output gap, percent of GDP, potential growth, social safety net

Korea's economy has strong fundamentals, but is facing cyclical and structural headwinds. Growth is projected to moderate to around 2.6 percent in 2019, reflecting weaker export growth and investment. Internal dema...

Republic of Korea: Staff Report for the 2019 Article IV Consultation—Informational Annex

Republic of Korea: Staff Report for the 2019 Article IV Consultation—Informational Annex »

Source: Republic of Korea : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Korea

Volume/Issue: 2019/132

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 2019

ISBN: 9781498314794

Keywords: Financial and Monetary Sector, Consumption, Fiscal policy, Expenditures, Production, BOK, output gap, percent of GDP, potential growth, social safety net

Korea's economy has strong fundamentals, but is facing cyclical and structural headwinds. Growth is projected to moderate to around 2.6 percent in 2019, reflecting weaker export growth and investment. Internal dema...

IMF Executive Board Concludes 2019 Article IV Consultation with the Republic of Korea

IMF Executive Board Concludes 2019 Article IV Consultation with the Republic of Korea »

Source: Republic of Korea : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Korea

Volume/Issue: 2019/132

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 2019

ISBN: 9781498314794

Keywords: Financial and Monetary Sector, Consumption, Fiscal policy, Expenditures, Production, BOK, output gap, percent of GDP, potential growth, social safety net

Korea's economy has strong fundamentals, but is facing cyclical and structural headwinds. Growth is projected to moderate to around 2.6 percent in 2019, reflecting weaker export growth and investment. Internal dema...