Post-Crisis Potential Output in the Western Balkans

Spurred by the recent global economic crisis, there has been a resurgence of research on output gaps. As the crisis caused a decline in potential GDP due to a strong contraction in demand, it is expected that the recovery of potential output will be especially difficult in demand-driven small open e...

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Bibliographic Details
Main Authors: Čaršimamović Vukotić Naida, Jankulov Suljagić Irena, Smirnov Irina
Format: Article
Language:English
Published: Sciendo 2013-03-01
Series:South East European Journal of Economics and Business
Subjects:
Online Access:https://doi.org/10.2478/jeb-2013-0002