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...

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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
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