Obstacles to measuring global output gaps

Genevieve R. Solomon and Mark Wynne

Economic Letter, 2007, vol. 2, issue 3

Abstract: Monetary policymakers pay close attention to levels of resource use. In the past, the focus was largely on domestic slack. Now, some analysts contend the ongoing process of globalization requires policymakers to look at global slack as well.

Keywords: output; gap (search for similar items in EconPapers)
Date: 2007
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