Campaign against Nonsense Output Gaps (CANOO): consensus output gaps reflect past GDP realizations, not true potent… https://t.co/Qez7hB0ED6
RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…
RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…