韩国央行:2025年韩国的潜在增长及其前景报告(英文版).pdf |
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This paper estimates the potential growth of the Korean economy, taking into account the impact of the COVID-19 pandemic, demographic shifts, and structural changes in the labor market. Specifically, we revise our semi-structural models to reflect the increased volatility of macroeconomic variables during the pandemic. We also use household-level microdata to account for the heterogeneity of the labor force. 2. The results show that the potential growth rate of the Korean economy has been
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