Assessing the Sources of Changes in the Volatility of Real Growth
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In much of the world, growth is more stable than it once was. Looking at a sample of twentyfive countries, we find that in sixteen, real GDP growth is less volatile today than it was twenty years ago. And these declines are large, averaging more than fifty per cent. What accounts for the fact that
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美国国家经济研究局创建时间：
2006-01-01
