Butkus, Mindaugas; Dargenytė-Kacilevičienė, Laura; … - In: Economies : open access journal 12 (2024) 1, pp. 1-21
almost non-existent. Using the unemployment gap as the proxy for the maturity of the business cycle phase, this paper seeks … unemployment gap is positive and increasing and lower when the gap decreases, regardless of the business cycle phase. Thus, it can …
