The Effects of Expected and Unexpected Volatility on Long-Run Growth: Evidence from 18 Developed Economies. The Effects of Expected and Unexpected Volatility on Long-Run Growth: Evidence from 18 Developed Economies.

The Effects of Expected and Unexpected Volatility on Long-Run Growth: Evidence from 18 Developed Economies‪.‬

Southern Economic Journal 2005, Jan, 71, 3

Southern Economic Journal
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Publisher Description

1. Introduction Although there is disagreement about the magnitude, many economists agree that business cycles have negative consequences for welfare in the short run by causing output to deviate from potential. As a result, most policymakers regard reducing volatility as a desirable goal. However, there is disagreement about the long-run consequences of business cycles.

GENRE
Business & Personal Finance
RELEASED
2005
January 1
LANGUAGE
EN
English
LENGTH
23
Pages
PUBLISHER
Southern Economic Association
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
283.7
KB

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