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-run relationship between income distribution and output growth in the USA. …
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The gap between potential and actual output — the output gap — is a key variable for policymaking. This paper adapts the methodology developed in Blagrave and others (2015) to estimate the path of output gap in the U.S. economy. The results show that the output gap has considerably shrunk...
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performance of USA and Europe were seemed to more different thanks to global economic events. The main purpose of this study is to …
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