A key challenge for monetary policymakers is to predict where inflation is headed. One promising approach involves modifying a typical Phillips curve predictive regression to include an interaction ...

The output gap measures how far the economy is from its full employment or “potential” level that depends on supply-side factors of the economy: the supply of workers and their productivity. During a ...

Japan's government will compile a stimulus package next week that would seek to fill slack in the economy not just with spending but incentives to boost green and digital investment, economy minister ...