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...

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 38: The German economy is running at full steam. Economic activity has further accelerated in the current year and leading indicators suggest that the rapid pace of expansion will continue in the coming year.

Our most recent forecasts for Germany, the Euro Area and the World Economy as well as current commentary on economic and macroeconomic issues for various economic areas