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Unit Roots, Postwar Slowdowns and Long-Run Growth: Evidence from Two Structural Breaks

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NBER1998-02-01 更新2025-01-04 收录
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This paper provides evidence on the unit root hypothesis and long-term growth by allowing for two structural breaks. We reject the unit root hypothesis for three-quarters of the countries approximately 50% more rejections than in models that allow for only one break. While about half of the

创建时间:
1998-02-01
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