This study aims at investigating the extent and causes of revisions of output gap estimates and at analyzing methodological issues along different phases of the business cycle. Based on this, possibilities for improvement of the European Commission's...

Since March 2015 the Kiel Institute for the World Economy advises the European Parliament on issues related to monetary and economic policy. In particular the Kiel Institute prepares surveys on current issues of currency and monetary policies in the...

The LIME working group is intended to drive forward the development of methodological approaches to track, analyse and model structural reforms carried out in the context of the Lisbon strategy and the Integrated Guidelines in order to increase...

KBW 19: Measures of potential output and the output gap are of great importance for policy-makers who need to assess the cyclical position of the economy and its productive capacity.

KKB 1: Die weltwirtschaftliche Expansion ist im Verlauf des Jahres 2014 erneut ins Stocken geraten. Von einem Aufschwung, der von allen Regionen getragen wird,

KBW 12: The trend decline of productivity growth in Germany is not due to a single cause but is the result of the interplay of multiple factors with time-varying relative importance.

The Macroeconomic Imbalance Procedure (MIP) is part of the so-called Sixpack legislation of 2011 which was enacted to strengthen macroeconomic governance and is embedded in the European Semester. The MIP aims to identify, prevent and address the...

This study on productivity trends in Germany covers a broad discussion of measurement problems (both conceptually and empirically), an comprehensive comparison of productivity patterns between different countries (on the aggregate level as well as on...

The LIME working group is intended to drive forward the development of methodological approaches to track, analyse and model structural reforms carried out in the context of the Lisbon strategy and the Integrated Guidelines in order to increase...