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The Global Extent of the Great Moderation


Ćorić, Bruno
The Global Extent of the Great Moderation // Oxford bulletin of economics and statistics, 74 (2012), 4; 493-509 doi:10.1111/j.1468-0084.2011.00659.x (međunarodna recenzija, članak, znanstveni)


Naslov
The Global Extent of the Great Moderation

Autori
Ćorić, Bruno

Izvornik
Oxford bulletin of economics and statistics (0305-9049) 74 (2012), 4; 493-509

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
GDP growth volatility; structural changes; the Great Moderation

Sažetak
In 2008 the US financial crisis spilled over into a number of other economies causing declines in GDP across the world. Yet the decades preceding the current downturn had been a period of unprecedented stability for the US economy. This paper examines annual data for 98 countries over the period 1961-07 and finds that lower GDP growth volatility in the period preceding the current crisis was not confined to the US. It is detected in a number of developed and developing countries, suggesting that a reduction in volatility in this period was a more general phenomenon.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija



POVEZANOST RADA


Projekt / tema
055-0551147-1145 - Ex-ante analiza utjecaja sustava potpore u procesu pridruživanja Hrvatske EU (Zlatan Reić, )

Ustanove
Ekonomski fakultet, Split

Autor s matičnim brojem:
Bruno Ćorić, (274282)

Časopis indeksira:


  • Current Contents Connect (CCC)
  • Web of Science Core Collection (WoSCC)
    • Science Citation Index Expanded (SCI-EXP)
    • Social Science Citation Index (SSCI)
    • SCI-EXP, SSCI i/ili A&HCI
  • Scopus
  • EconLit


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