1

2 “... global policy priority for 2022. However, even among OECD countries, there currently remain surprisingly...”

3 “... measure of the global output gap is both statistically significant and strongly preferred to a domestic...”

4 “... slowdown during the global crisis of 2008-09 and the subsequent rebound several months ahead of official...”

5 “... the extreme outturns associated with the Global Financial Crisis for five of the G7 countries. A weakness...”

6