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...

Повний опис

Бібліографічні деталі
Автор: Hansen, Niels-Jakob
Інші автори: Mongardini, Joannes, Zhang, Fan
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2019.
Серія:IMF Working Papers; Working Paper ; No. 2019/167
Онлайн доступ:Full text available on IMF