BIG DAY FOR THE CANOO – campaign against nonsense output gaps. Lagarde for ECB acknowledges research showing how cyclical shocks

BIG DAY FOR THE CANOO – campaign against nonsense output gaps.
Lagarde for ECB acknowledges research showing how cyclical shocks produce spurious adjustments in structural estimates. Where is the commission on this?
@RobinBrooksIIF @heimbergecon @GustavAHorn @AchimTruger twitter.com/heimbergecon/s…

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