The Great Wars, The Great Crash, and the Unit Root Hypothesis: Some New Evidence About an Old Stylized Fact
收藏NBER1994-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4752
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For decades, the prevailing sentiment among economists was that growth rates remain constant over the long run. Kaldor considered this to be one of the six important 'stylized facts' that theory should address, and until the emergence of endogenous growth models, this was a fundamental feature of
提供机构：
美国国家经济研究局
创建时间：
1994-05-01
