The Great Recession (2009/10) resulted in the need of different economic policies and structural reforms to boost economic growth both in the advanced and in the emerging economies. In this paper, we start from a theoretical concept that is relatively new - the modified output gap (MOG), based...

The Great Recession (2009/10) resulted in the need of different economic policies and structural reforms to boost economic growth both in the advanced and in the emerging economies. In this paper, we start from a theoretical concept that is relatively new - the modified output gap (MOG), based...

La Gran Recesión ha enfatizado la necesidad de diferentes políticas económicas y reformas estructurales para impulsar el crecimiento económico y la contratación de las economías avanzadas y emergentes. Partimos del concepto teórico relativamente novedoso: la brecha de producción...