INVESTIGATING MACROECONOMIC STABILITY USING THE OUTPUT GAP

The purpose of the article is to illustrate the importance of the output gap in analysing macroeconomic stability in general and business cycle dynamics in particular. Ten EU countries are considered, with five old members and five new members. For all ten countries the data for the period 1999-2014...

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Bibliographic Details
Main Authors: Emilia TITAN, Vladimir GEORGESCU
Format: Article
Language:English
Published: Romanian National Institute of Statistics 2013-03-01
Series:Revista Română de Statistică
Subjects:
Online Access:http://www.revistadestatistica.ro/Articole/2013/RRS_02_2013_a2_en.pdf