![Output gap nonsense': Understanding the budget conflict between the EC and Italy's government (news article) Output gap nonsense': Understanding the budget conflict between the EC and Italy's government (news article)](https://wiiw.ac.at/files/news/images/386-1478-big.jpg)
Output gap nonsense': Understanding the budget conflict between the EC and Italy's government (news article)
IIF в Twitter: "The latest Global Macro Views follow up a previous note on inflation-consistent output gaps for the U.S. and Euro zone, zooming in on the countries of Italy and Spain.
![5d SVAR indicator of output gap, structural net lending, expenditure... | Download Scientific Diagram 5d SVAR indicator of output gap, structural net lending, expenditure... | Download Scientific Diagram](https://www.researchgate.net/profile/Martin-Larch/publication/262278415/figure/fig35/AS:476486886006787@1490614734461/d-SVAR-indicator-of-output-gap-structural-net-lending-expenditure-and-revenues.png)
5d SVAR indicator of output gap, structural net lending, expenditure... | Download Scientific Diagram
![Holger Zschaepitz en Twitter: "Why one monetary size fits not all: While Germany operates above trend, output gap remains huge in Spain,Italy (BBG) https://t.co/A5cDWGae4c" / Twitter Holger Zschaepitz en Twitter: "Why one monetary size fits not all: While Germany operates above trend, output gap remains huge in Spain,Italy (BBG) https://t.co/A5cDWGae4c" / Twitter](https://pbs.twimg.com/media/Cf5zxGPW4AAgeaj.jpg)