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56 pages • missing pub info (editions)
ISBN/UID: 9781288704446
Format: Paperback
Language: English
Publisher: Bibliogov
Publication date: 05 February 2013
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...
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56 pages • missing pub info (editions)
ISBN/UID: 9781288704446
Format: Paperback
Language: English
Publisher: Bibliogov
Publication date: 05 February 2013
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...