Pregled bibliografske jedinice broj: 554676
The Sources of the Great Moderation: A Survey
The Sources of the Great Moderation: A Survey // 9th International Conference, Challenges of Europe: Growth and Competitiveness – Reversing the Trends, Conference Proceedings
Hrvatska, 2011. (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), ostalo)
CROSBI ID: 554676 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
The Sources of the Great Moderation: A Survey
Autori
Ćorić, Bruno
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), ostalo
Izvornik
9th International Conference, Challenges of Europe: Growth and Competitiveness – Reversing the Trends, Conference Proceedings
/ - , 2011
Skup
9th International Conference, Challenges of Europe: Growth and Competitiveness – Reversing the Trends
Mjesto i datum
Hrvatska, 26.05.2011. - 28.05.2011
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
GDP growth volatility; structural changes; the Great Moderation
Sažetak
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.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
