Estimating and Projecting Potential Output Using CBO’s Forecasting Growth Model: Working Paper 2018-03

Robert Shackleton

No 53558, Working Papers from Congressional Budget Office

Abstract: As part of its responsibility for producing baseline projections of the economy and the federal budget, CBO regularly produces estimates and projections of potential output, a measure of the economy’s fundamental ability to supply goods and services. The projection of potential output serves as a key input to CBO’s macroeconomic forecasts and budget projections, helping the agency maintain consistency between its projections of labor supply and capital accumulation and its projections of taxes on income from labor and capital, of federal expenditures, and of the

JEL-codes: E17 E27 (search for similar items in EconPapers)
Date: 2018-02-15
New Economics Papers: this item is included in nep-mac
References: Add references at CitEc
Citations: View citations in EconPapers (30)

Downloads: (external link)
https://www.cbo.gov/system/files/115th-congress-20 ... del-workingpaper.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbo:wpaper:53558

Access Statistics for this paper

More papers in Working Papers from Congressional Budget Office Contact information at EDIRC.
Bibliographic data for series maintained by ().