Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...
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 ...
Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Vikki Velasquez is a researcher and writer who has ...
In August 2020, the Congressional Budget Office projected a wide 6.6 percentage point gulf between actual and potential GDP in 2020. The CBO also in August 2020, projected that the output gap would ...
The GDP framework and the output gap are an abstraction that does little more than provide justification for the interventions of government officials. According to popular thinking, the key cause ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback