TITLE

The "Output Gap " and Excess Labor Employment

AUTHOR(S)
Dunkelberg, William C.; Scott, Jonathan A.
PUB. DATE
July 2005
SOURCE
Business Economics;Jul2005, Vol. 40 Issue 3, p23
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Presents an evidence that expansion of labor employment in the late 1990s was unusual and should not be used as a basis for benchmarking the output gap at zero in the U.S. Estimation of the magnitude of excess employment that existed in 2000; Expectations in the atypical expansion of the 1990s; Ratio of employed to population over 16 years old.
ACCESSION #
18052940

 

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