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Monetary Policy and the Output Gap

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  • Fernando M. Martin

Abstract

Overestimating how far the economy is away from its potential unnecessarily risks delaying the end of unusual monetary accommodation.

Suggested Citation

  • Fernando M. Martin, 2014. "Monetary Policy and the Output Gap," Economic Synopses, Federal Reserve Bank of St. Louis, issue 27.
    • Handle: RePEc:fip:fedles:00027
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    References listed on IDEAS

    as
    1. Maria E. Canon & Peter Debbaut & Marianna Kudlyak, 2013. "A closer look at the decline in the labor force participation rate," The Regional Economist, Federal Reserve Bank of St. Louis, issue October.
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