Table 3.
Summary statistics of output gap similarity for the period 2002 Q3 until 2022 Q2.
| Mean | St.dev | Median | Min | Max | |
|---|---|---|---|---|---|
| Austria | 0.70 | 0.30 | 0.81 | −0.08 | 1.00 |
| Belgium | 0.74 | 0.24 | 0.81 | 0.07 | 1.00 |
| Finland | 0.56 | 0.42 | 0.67 | −0.78 | 1.00 |
| France | 0.72 | 0.28 | 0.80 | −0.27 | 1.00 |
| Germany | 0.44 | 0.52 | 0.61 | −1.14 | 1.00 |
| Greece | −0.67 | 1.14 | −0.49 | −4.72 | 1.00 |
| Ireland | −1.20 | 1.52 | −1.10 | −5.31 | 0.90 |
| Italy | 0.39 | 0.42 | 0.44 | −1.06 | 1.00 |
| Netherlands | 0.75 | 0.33 | 0.88 | −0.50 | 1.00 |
| Portugal | 0.43 | 0.50 | 0.54 | −1.32 | 1.00 |
| Spain | 0.45 | 0.43 | 0.45 | −0.79 | 1.00 |