Justin Weidner, John C. Williams
Abstract
This Economic Letter examines measurement of potential output, focusing on how big the output gap?and the resulting downward pressure on inflation?is today.
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This Economic Letter examines measurement of potential output, focusing on how big the output gap?and the resulting downward pressure on inflation?is today.
Key concepts: Output gap, Economics, Monetary economics, Business, Monetary policy, Natural resource economics, Macroeconomics