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Performance Budgeting and Management White Papers

CBO's Method for Estimating Potential Output: An Update

Overview The Congressional Budget Office's (CBO's) estimate of potential output plays an important role in its economic forecast. This paper describes the method that CBO uses to estimate past and present potential output and to make 10-year projections, as well as changes in that method over the past five years. The paper also compares CBO's estimates with those of other agencies and discusses the advantages and disadvantages of alternative estimating methods.

Further White Paper Details
Publisher	Congressional Budget Office	File Format	PDF
Date Published	August 2001	Downloads	4
Format	White Papers
Topics	Performance Budgeting and Management

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