United States: Selected Issues

September 15, 1999

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Format: Chicago

United States: Selected Issues, (USA: International Monetary Fund, 1999) accessed November 21, 2024

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.

Subject: Balance of payments, Current account deficits, Dollarization, Extra-budgetary funds, Financial institutions, Monetary policy, National accounts, Private savings, Public financial management (PFM), Stocks

Keywords: CR, Current account deficit, Current account deficits, DAC participant, Dollar, Dollarization, Extra-budgetary funds, Global, ISCR, OECD Development Assistance Committee, Outlay, Phillips curve, Price, Private savings, Saving rate, Stocks, U.S. official development assistance, Western Hemisphere

Publication Details

Pages:

107
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1999/101
Stock No:

1USAEA0021999
ISBN:

9781451839579
ISSN:

1934-7685

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