• Title of article

    Output composition and the US output volatility decline

  • Author/Authors

    Francisco Alcal?، نويسنده , , Israel Sancho، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2004
  • Pages
    6
  • From page
    115
  • To page
    120
  • Abstract
    We argue that the role played by output composition changes on the decline in US output volatility has been incorrectly assessed in recent literature. We obtain that shifts across broad sectors in the economy account for about 30% of the volatility decline since the 1950s.
  • Keywords
    Volatility , Business fluctuations
  • Journal title
    Economics Letters
  • Serial Year
    2004
  • Journal title
    Economics Letters
  • Record number

    435333

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=435333