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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Bibliografiska uppgifter
Huvudupphovsman: Hansen, Niels-Jakob
Övriga upphovsmän: Mongardini, Joannes, Zhang, Fan
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2019.
Serie:IMF Working Papers; Working Paper ; No. 2019/167
Länkar:Full text available on IMF