Gökten, Meryem; Heimberger, Philipp; Lichtenberger, Andreas - 2024
run-up to the global financial crisis, full employment gaps declined, then increased during the Great Recession. Slack in …This paper analyses deviations from full employment in EU countries, compared with the US and the UK. We apply the … 1970-2022, we find full employment episodes in selected EU countries (Germany, Sweden, Austria, Finland) during the 1970s …