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Measuring and explaining output volatility: International versus domestic sources    (01D29816)

Macroeconomic fluctuations entail important consequences for the well-being of individuals and the growth of economies. The aim of this project is to obtain a better understanding of the determinants of the volatility of aggregate economic fluctuations, starting from its marked global decline since the mid 1980s known as the U+2018Great ModerationU+2019. Ultimately, conclusions will be used to advice policy makers.    

Date:1 Oct 2016  →  Today
Keywords:Aggregate volatility, Bayesian analysis, factor models, U+2018Great ModerationU+2019
Disciplines:Applied economics, Macroeconomics and monetary economics, Economic history, Tourism, Microeconomics