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 ...
Uncertainty around the real-time output gap has important implications for fiscal policy. This study uses successive vintages of the World Economic Outlook for emerging markets (EMs) during 1998-2022 ...
The economy's ups and downs are not abstract curves on a chart, they are the backdrop for your job security, mortgage rate, investment returns and even how long your emergency fund lasts. When I talk ...
TOKYO (Reuters) - Japan's economic output exceeded its full capacity in October-December by the most in more than 26 years, offering the central bank some hope a sustained recovery will help inflation ...