potential output
2 episodes mention this concept
NewEconomicThinkingMar 27, 2024Hysteresis and the Economic Impact of Recessions: A Comparison of the Great Recession and COVID-19
EconomicsHysteresisPath dependenceGreat RecessionCOVID-19 Recession- NewEconomicThinkingNov 16, 2017
A Decade of Stagnation: Challenging Conventional Economic Wisdom with Demand-Side Explanations
Economicsautonomous demand expansionspersistent effectspotential outputequilibrium output
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Related concepts
Concepts that appear alongside potential output across episodes.
- hysteresis
- monetary policy
- zero bound
- keynesian perspective
- labor productivity
- underutilization of resources
- private debt deleveraging
- interest rate adjustment
- fiscal consolidations
- keynesian principle of effective demand
- aggregate demand shocks
- financial crisis
- real business cycle interpretation
- great recession
- crowding out
- household demand
- labor force participation
- supply factors
- aggregate supply
- total population