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Has the Business Cycle Changed and Why?

Authors :
Stock, James H.
Watson, Mark W.
Source :
NBER/Macroeconomics Annual (MIT Press); 2002, Vol. 17 Issue 1, p159-218, 60p, 11 Charts, 32 Graphs
Publication Year :
2002

Abstract

Investigates the decline in the cyclical volatility of real economic activity in the U.S. Form of productivity and commodity price shocks; Annual growth rates of gross domestic product; Description of time-varying time-series process; Implications for recessions and expansions.

Details

Language :
English
ISSN :
08893365
Volume :
17
Issue :
1
Database :
Complementary Index
Journal :
NBER/Macroeconomics Annual (MIT Press)
Publication Type :
Academic Journal
Accession number :
10799067
Full Text :
https://doi.org/10.1086/ma.17.3585284