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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Description de l’éditeur

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
Entreprise et management
SORTIE
2005
1 janvier
LANGUE
EN
Anglais
LONGUEUR
23
Pages
ÉDITIONS
Southern Economic Association
DÉTAILS DU FOURNISSEUR
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
TAILLE
283,7
Ko
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