全球智库信息集成服务系统(G2TT): Cross-Country Evidence on the Link Between Volatility and Growth

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w4959
来源ID	Working Paper 4959
	Cross-Country Evidence on the Link Between Volatility and Growth
	Garey Ramey; Valerie A. Ramey
发表日期	1994-12-01
出版年	1994
语种	英语
摘要	This paper presents empirical evidence against the standard dichotomy in macroeconomics that separates growth from the volatility of economic fluctuations. In a sample of 92 countries as well as a sample of OECD countries, we find that countries with higher volatility have lower growth. The addition of standard control variables strengthens the negative relationship. We also find that government spending-induced volatility is negatively associated with growth even after controlling for both time- and country-fixed effects.
主题	Macroeconomics ; Business Cycles ; Econometrics ; Estimation Methods
URL	https://www.nber.org/papers/w4959
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/562382
推荐引用方式 GB/T 7714	Garey Ramey,Valerie A. Ramey. Cross-Country Evidence on the Link Between Volatility and Growth. 1994.