The output gap is the difference between an economy's actual output, otherwise known as gross domestic product (GDP), and what it would be if that country's industries were working flat out. The ...
TOKYO (Reuters) - Japan's output gap in the third quarter turned negative for the first time in almost two years, in a sign the Bank of Japan's 2 percent inflation target will become even more distant ...
[caption id="attachment_22971" align="alignnone" width="1024"] New study finds that all types of recessions lead to permanent losses in output and welfare (photo ...
During economic downturns an economy’s output of goods and services declines. When times are good, by contrast, that output—usually measured as GDP—increases (see “Gross Domestic Product: An Economy’s ...
Journal of Money, Credit and Banking, Vol. 50, No. 6 (September 2018), pp. 1189-1224 (36 pages) Using a small Bayesian dynamic factor model of the euro area, we estimate the deviations of output from ...
There’s a new acronym out there that may have implications for investors. It’s FROGs, or frivolously related output gaps. An output gap is the difference between an economy’s actual and potential ...
A key challenge for monetary policymakers is to predict where inflation is headed. One promising approach involves modifying a typical Phillips curve predictive regression to include an interaction ...
This is Part 2 in our attempt to answer today’s most debated question: Will stimulus cause inflation? I can tell you, this is a beast of a topic. I’ve sifted through hundreds of pages of internal ...
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Investors might start hearing a lot more about the output gap, an obscure metric Wall Street professionals historically have used to predict changes in Federal Reserve monetary policy and the ...