Labor Market Slack and the Output Gap : The Case of Korea /

Output gap estimates are widely used to inform macroeconomic policy decisions, including in Korea. The main determinant of these estimates is the measure of labor market slack. The traditional measure of unemployment in Korea yields an incomplete estimate of labor market slack, given that many worke...

Full description

Bibliographic Details
Main Author: Hansen, Niels-Jakob
Other Authors: Mongardini, Joannes, Zhang, Fan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/167
Online Access:Full text available on IMF

Similar Items