« 'Does Culture Matter for Economic Growth?' | Main | Links for 6-19-14 »

Wednesday, June 18, 2014

How Close Are We To Full Employment?

Dear FOMC: Please be patient:

How close are we to full employment?, by Mark Thoma: How far is the economy from a full recovery? When should Federal Reserve policymakers, who are finishing their two-day meeting today, begin raising interest rates? Should the Fed speed the pace of its tapering of quantitative easing?

All of these questions depend critically on a piece of data economists call the output gap...

    Posted by on Wednesday, June 18, 2014 at 09:33 AM in Economics, Monetary Policy, Unemployment | Permalink  Comments (61)

          


    Comments

    Feed You can follow this conversation by subscribing to the comment feed for this post.