Yet it seems premature to write off the threat as long as a large output gap persists.

但是只要巨大的产出缺口持续存在，把这种威胁一笔勾消的做法就显得不成熟。

youdao

This divergence in estimates highlights the biggest problem in relying on the output gap: it is a slippery thing to measure.

这两个估测数据之间的差距鲜明地体现了依赖产出缺口的一个最大的问题：测量不可靠。

youdao

In a March 23 speech, Ms. Yellen cautioned that the output gap may not be fully closed until 2013.

耶伦在3月23日的讲话中警告说产出缺口可能直到2013年才能完全消除。

youdao

Interestingly, there is also a Plan C spelled out, if low growth is combined with high inflation - because we've underestimated the long-term damage done by the crisis (ie over-estimated the output gap) - hike interest rates and increase austerity.

BBC: IMF set out a 'Plan B' for George Osborne

We also thought they would probably cut or leave unchanged their estimate of spare capacity in the economy (the "output gap") - again, on the basis of their calculations in March.

BBC: The Bank, the OBR and Mr Osborne

Hayek was managing to close the gap between manufacturing output and real-time market demand.

FORBES