Halmai, Péter; Vásáry, Viktória - In: Analele Stiintifice ale Universitatii "Alexandru Ioan … 58 (2011) november, pp. 411-431
The dramatic decline in the actual output of the European economy is considered to be more than a cyclical discrepancy from the potential output. Both the level and the growth rate of the potential output show an unfavourable development. It is an important task of economic research to identify...