Basu, Susanto; Fernald, John G. - Federal Reserve Bank of San Francisco - 2009
Potential output is an important concept in economics. Policymakers often use a one-sector neoclassical model to think …FEDERAL RESERVE BANK OF SAN FRANCISCO
WORKING PAPER SERIES
Working Paper 2009-05
http://www.frbsf.org/publications/economics …
This draft: March 9, 2009
Abstract: Potential output is an important concept in economics. Policymakers often …