TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CONVENTIONAL ESTIMATE [1 record]

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Record 1 2011-12-14

English

Subject field(s)
  • Econometrics
  • Production (Economics)
CONT

The Bank [of Canada] conventional estimate of he output gap provides an overall assessment of the degree of slack in the economy, but this estimate is subject to considerable uncertainty. This uncertainty is addressed by considering a wide range of indicators in various markets.

French

Domaine(s)
  • Économétrie
  • Production (Économie)
CONT

La mesure économétrique de l'écart de production que la Banque [du Canada]utilise fournit une indication générale de la marge des capacités inutilisées au sein de l'économie. Cette mesure s'accompagne toutefois d'une incertitude considérable, que l'on atténue en tenant compte d'un large éventail d'indicateurs relatifs à différents marchés.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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