Has the Business Cycle Changed and Why?
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From 1960-1983, the standard deviation of annual growth rates in real GDP in the United States was 2.7%. From 1984-2001, the corresponding standard deviation was 1.6%. This paper investigates this large drop in the cyclical volatility OF real economic.activity. The paper has two objectives. The
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美国国家经济研究局创建时间：
2002-08-01
