01514cas a2200241 a 4500 AALejournalIMF015328 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513507569 1018-5941 BD-DhAAL BD-DhAAL Alichi, Ali. A New Methodology for Estimating the Output Gap in the United States / Ali Alichi. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (17 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 The gap between potential and actual output-the output gap-is a key variable for policymaking. This paper adapts the methodology developed in Blagrave and others (2015) to estimate the path of output gap in the U.S. economy. The results show that the output gap has considerably shrunk since the Great Recession, but still remains negative. While the results are more robust than other existing methodologies, there is still significant uncertainty surrounding the estimates. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2015/144 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/144/001.2015.issue-144-en.xml IMF e-Library