On the sources of the great moderation

"The remarkable decline in macroeconomic volatility experienced by the U.S. economy since the mid-80s (the so-called Great Moderation) has been accompanied by large changes in the patterns of comovements among output, hours and labor productivity. Those changes are reflected in both condition...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: Galí, Jordi (VerfasserIn)
Weitere Verfasser: Gambetti, Luca (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Cambridge, Mass. National Bureau of Economic Research 2008
Schriftenreihe:NBER working paper series 14171
Schlagworte:
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