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

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Beschreibung des Verlags

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 und Finanzen
ERSCHIENEN
2005
1. Januar
SPRACHE
EN
Englisch
UMFANG
23
Seiten
VERLAG
Southern Economic Association
ANBIETERINFO
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
GRÖSSE
283,7
 kB
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