Graff, Michael; Sturm, Jan-Egbert - In: CESifo economic studies : CESifo, a joint initiative of … 58 (2012) 1, pp. 220-251
From a theoretical perspective, the output gap is probably the most comprehensive and convincing concept to describe … output gap as published by the OECD can be improved by referring to measures of physical capital capacity utilization from … available in real time can help produce estimates that are significantly closer to later output gap releases. This holds for all …