The Less-Volatile U.S. Economy
- 1 January 2004
- journal article
- Published by Taylor & Francis in Journal of Business & Economic Statistics
- Vol. 22 (1) , 80-93
- https://doi.org/10.1198/073500103288619412
Abstract
Using a Bayesian model comparison strategy, we search for a volatility reduction in U.S. real gross domestic product (GDP) growth within the postwar sample. We find that aggregate real GDP growth h...Keywords
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