Why have business cycle fluctuations become less volatile?

DOI10.1007/S00199-006-0172-9zbMath1112.91049OpenAlexW2015684451MaRDI QIDQ883088

Lee E. Ohanian, Andres Arias, Gary D. Hansen

Publication date: 31 May 2007

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: http://www.nber.org/papers/w12079.pdf

zbMATH Keywords

VolatilityAggregate fluctuationsFactor utilizationReal business cyclesTechnology shocks

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (4)

Edward C. Prescott's contributions to economics: guest editors' introduction ⋮ Estimating large‐dimensional connectedness tables: The great moderation through the lens of sectoral spillovers ⋮ Human capital accumulation and output growth in a stochastic environment ⋮ Household debt and labor market fluctuations

Cites Work

• Does Income Inequality Lead to Consumption Inequality? Evidence and Theory1
• Time to Build and Aggregate Fluctuations
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*

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