International Finance Discussion Papers: Output Gaps by Michael T. Kiley

International Finance Discussion Papers: Output Gaps

Michael T. Kiley

56 pages paperback

15 editions

nonfiction politics
More Options

Read With Others

Book Information

Powered by AI (Beta)
Loading...

Description

What is the output gap? There are many definitions in the economics literature, all of which have a long history. I discuss three alternatives: the deviation of output from its long-run stochastic trend (i.e., the "Beveridge-Nelson cycle"); the de...

Show More

Community Reviews

Loading...

Content Warnings

Loading...