01738cas a2200253 a 4500 AALejournalIMF000966 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451851892 1018-5941 BD-DhAAL BD-DhAAL Scacciavillani, Fabio. Measures of Potential Output : An Application to Israel / Fabio Scacciavillani, Phillip Swagel. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper estimates measures of potential output for Israel, with the aim of providing evidence on whether the recent growth slowdown is principally a cyclical slowdown or a structural shift toward a slower growth path after the dramatic developments associated with the years of heavy immigration. Israel poses a challenge because traditional methods of measuring potential output assume relatively stable conditions over an extended period of time. We employ five methodologies to derive estimates and find that four of the measures imply the slowdown stems largely from reduced growth of potential output rather than a cyclical slowdown. Mode of access: Internet Swagel, Phillip. IMF Working Papers; Working Paper ; No. 1999/096 Full text available on IMF http://elibrary.imf.org/view/journals/001/1999/096/001.1999.issue-096-en.xml IMF e-Library