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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Hlavní autor: Hansen, Niels-Jakob
Další autoři: Mongardini, Joannes, Zhang, Fan
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2019.
Edice:IMF Working Papers; Working Paper ; No. 2019/167
On-line přístup:Full text available on IMF