000 02501nam##2200337za#4500
0019.571698
003CaOODSP
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008150406|1999||||xxc|||||o    f|0| 0 eng|d
022 |a1701-9397
040 |aCaOODSP|beng
043 |an-cn---
0861 |aFB3-2/99-14E-PDF
1102 |aBank of Canada.
24514|aThe U.S. capacity utilization rate : |h[electronic resource]|ba new estimation approach / |cby René Lalonde.
260 |aOttawa - Ontario : |bBank of Canada |cSeptember 1999.
300 |a27p.|bgraphs, tables
4901 |aBank of Canada working paper|x1701-9397|v99-14
500 |a"The recent strength of the U.S. economy and historically low rates of inflation have sparked considerable debate among economists and Federal Reserve officials. In order to better explain the recent behaviour of inflation, some observers have raised the concept of a non-accelerating inflation capacity utilization rate (NAICU). In this study, the author presents a new methodology to estimate the NAICO. A simple structural vector autoregression, including industrial production, the inflation rate, and the long-run real interest rate, is used to identify production capacity."--Abstract.
500 |aThe catalogue number (FB3-2/99-14E), ISBN (0-662-28178-0), and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication.
504 |aBibliography.
5203 |aThe recent strength of the U.S. economy and historically low rates of inflation have sparked considerable debate among economists and Federal Reserve officials. In order to better explain the recent behaviour of inflation, some observers have raised the concept of a non-accelerating inflation capacity utilization rate (NAICU). In this study, the author presents a new methodology to estimate the NAICO. A simple structural vector autoregression, including industrial production, the inflation rate, and the long-run real interest rate, is used to identify production capacity.--Abstract
546 |aRésumé en français.
590 |a11-20-Supp|b2011-09-29
69007|aInflation|2gcpds
69007|aForecasting|2gcpds
7201 |aLalonde, René
7760#|tThe U.S. capacity utilization rate : |w(CaOODSP)9.614935
830#0|aWorking paper (Bank of Canada)|x1701-9397|v99-14|w(CaOODSP)9.504604
85640|ahttp://publications.gc.ca|qPDF|s134 KB|uhttps://publications.gc.ca/collections/Collection/FB3-2-99-14E.pdf|y99-14