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Federal Reserve Bank of San Francisco
FRBSF Economic Letter
How big is the output gap?
Justin Weidner
John C. Williams
Abstract

This Economic Letter examines measurement of potential output, focusing on how big the output gap—and the resulting downward pressure on inflation—is today.


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Justin Weidner & John C. Williams, "How big is the output gap?" , Federal Reserve Bank of San Francisco, FRBSF Economic Letter, number 19, 2009.
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Keywords: Productivity ; Monetary policy ; Input-output analysis
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