The Time-Series Properties of Aggregate Consumption: Implications for the Costs of Fluctuation
收藏数据链接:
官方服务:
资源简介:
While this is typically ignored, the properties of the stochastic process followed by aggregate consumption affect the estimates of the costs of fluctuations. This paper pursues two approaches to modelling aggregate consumption dynamics and to measuring how much society dislikes fluctuations, one
提供机构:
美国国家经济研究局创建时间:
2005-05-01



