The Sources of the Great Moderation: A Survey (CROSBI ID 581858)
Prilog sa skupa u zborniku | ostalo | međunarodna recenzija
Podaci o odgovornosti
Ćorić, Bruno
engleski
The Sources of the Great Moderation: A Survey
The decades preceding the outbreak of the financial crisis in August of 2007 were a period of exceptional stability for the US economy. A number of studies over the past decade proposed different theoretical rationales and underpinning empirical evidence to explain the so-called Great Moderation. These explanations can be categorized in three main groups: good luck ; good policy ; and good practice. This study reviews and evaluates the growing literature on the sources of the Great Moderation. We find that substantial debate still surrounds the underlining causes of reduction in output volatility, and suggests new aspects to expand the existing studies.
GDP growth volatility; structural changes; the Great Moderation
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
Podaci o prilogu
2011.
objavljeno
Podaci o matičnoj publikaciji
9th International Conference, Challenges of Europe: Growth and Competitiveness – Reversing the Trends, Conference Proceedings
Podaci o skupu
9th International Conference Challenges of Europe: growth and competitiveness - reversing the trends
predavanje
26.05.2011-28.05.2011
Split, Hrvatska