| 来源类型 | VoxEU Column |
| 规范类型 | 评论 |
| Rebasing 'Maddison': The shape of long-run economic development | |
| Jutta Bolt; Herman de Jong; Robert Inklaar; Jan Luiten van Zanden | |
| 发表日期 | 2018-01-25 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | The economics profession has generally explained large movements in macroeconomic aggregates such as GDP or employment by shocks to other aggregates. This is in part due to the difficulty of translating micro or localised shocks into macro-relevant ‘news’. This column argues that idiosyncratic shocks at the biggest European firms are behind 40% percent of aggregate GDP fluctuations in Europe. These results have implications for the effectiveness of traditional demand-side policies in the fine-tuning of granular economies. |
| 主题 | Europe's nations and regions ; Macroeconomic policy |
| 关键词 | Superstar firms Idiosyncratic shocks Gdp |
| URL | https://cepr.org/voxeu/columns/rebasing-maddison-shape-long-run-economic-development |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/553280 |
| 推荐引用方式 GB/T 7714 | Jutta Bolt,Herman de Jong,Robert Inklaar,et al. Rebasing 'Maddison': The shape of long-run economic development. 2018. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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