Republic of Latvia; Selected Issues

This note presents estimates of potential growth and the output gap in Latvia. The estimates suggest that the output has marked below potential in the early 2000s but the output gap becomes positive and large after EU accession. With unemployment still well above its natural level, the output gap is estimated to be negative in 2012, but is expected to narrow gradually and be closed in the next 3â€“4 years. Potential growth is expected to be substantially lower than in 2002â€“07.

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Year of publication:	2013-01-28
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Selected issues \| Economic growth \| Production \| Fiscal reforms \| Public enterprises \| Education \| Latvia \| unemployment \| unemployment rate \| nairu \| employment \| natural unemployment rate \| rate of unemployment \| structural unemployment \| natural ? rate of unemployment \| long-term unemployment \| total employment \| labor force \| labor market \| high unemployment \| natural rate of unemployment \| unemployed \| average unemployment \| crisis unemployment

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 13/29 5 pages long
Source:	RePEc - Research Papers in Economics

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