000	02234nam##2200349za#4500
001	9.614935
003	CaOODSP
005	20211126112847
007	ta
008	150406|1999||||xxc|||||     f|0| 0 eng|d
020	|a0-662-28178-0
022	|a1192-5434
040	|aCaOODSP|beng
043	|an-cn---
086	1 |aFB3-2/99-14E
110	2 |aBank of Canada.
245	14|aThe U.S. capacity utilization rate : |ba new estimation approach / |cby René Lalonde.
260	|aOttawa - Ontario : |bBank of Canada |c1999.
300	|av, 20p. : |bgraphs, tables ; |c28 cm.
490	1 |aWorking paper|x1192-5434|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.
504	|aBibliography.
520	3 |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	|aRésumés en français
563	|aSoftcover
590	|a99-41|b1999-10-15
690	07|aInflation|2gcpds
690	07|aForecasting|2gcpds
720	1 |aLalonde, René
776	0#|tThe U.S. capacity utilization rate : |w(CaOODSP)9.571698
830	#0|aWorking paper,|x1192-5434|v99-14|w(CaOODSP)9.514622