Output gap

News


Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

Read more

Output gap - definition

An output gap is a gap that exists between the long run aggregate supply curve (LRAS curve) and the actual short term equilibrium level of output (real GDP) - Ye in the diagram. Output gaps can be positive, where equilibrium is greater than the currency LRAS, or negative, when it is less than LRAS.

Output gaps

 


Read more
GDP latest

UK grows by 0.2% in 4th quarter of 2018.

Read more
Customs unions

Costs and benefits of customs unions.

Read more
New materials

Multiple choice papers for Paper Three.

Read more
Tax avoidance

Double Irish - and a Dutch Sandwich more..

The OECD presents its final package for reform of international tax rules..more


Get the Economics Online app