Is the Business Cycles a Necessary Consequence of Stochastic Growth?
收藏NBER1994-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4650
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We compute the forecastable changes in output, consumption, and hours implied by a VAR that includes the growth rate of private value added, the share of output that is consumed, and the detrended level of private hours. We show that the size of the forecastable changes in output greatly exceeds
提供机构：
美国国家经济研究局创建时间：
1994-02-01
