• Title of article

    Scaling the volatility of GDP growth rates

  • Author/Authors

    Robert D. Canning، نويسنده , , L. A. N. Amaral، نويسنده , , Y. Lee، نويسنده , , M. Meyer، نويسنده , , H. E. Stanley ، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1998
  • Pages
    7
  • From page
    335
  • To page
    341
  • Abstract
    The distribution of shocks to GDP growth rates is found to be exponential rather than normal. Their standard deviation scales with GDPβ where β=−0.15±0.03. These macroeconomic results place restrictions on the microeconomic structure of interactions between agents
  • Keywords
    Real business cycles , Country size , Scale effects , Volatility , Network models
  • Journal title
    Economics Letters
  • Serial Year
    1998
  • Journal title
    Economics Letters
  • Record number

    434629

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=434629