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...

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Autor principal: Hansen, Niels-Jakob
Altres autors: Mongardini, Joannes, Zhang, Fan
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2019.
Col·lecció:IMF Working Papers; Working Paper ; No. 2019/167
Accés en línia:Full text available on IMF