Great ratios, balanced growth and stochastic trends: evidence for the Euro area
Following Kydland and Prescott's (1982) seminal paper, a key question that has been debated widely remains, `Are business cycles mainly the result of permanent shocks to productivity?' This paper attempts to answer this question in the context of the Euro area economy as a whole, given cur...
Saved in:
| Main Author: | |
|---|---|
| Format: | Default Preprint |
| Published: |
2006
|
| Subjects: | |
| Online Access: | https://hdl.handle.net/2134/2500 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|