Volatility and Growth: An Explanation for the Disagreement
This paper reconsiders the e_ects of volatile growth rates on growth itself. I show that the underlying endogeneity of government size can hide the net growth e_ects from volatility. There exists a positive direct and a negative indirect channel, with the latter operating through the size of the pub...
- Autores:
-
Jetter, Michael
- Tipo de recurso:
- Fecha de publicación:
- 2013
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- eng
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/995
- Acceso en línea:
- http://hdl.handle.net/10784/995
- Palabra clave:
- Volatility
Business Cycles
Economic Growth
- Rights
- License
- Acceso abierto