A Decomposition of the Increased Stability of GDP Growth

Since 1984, the U.S. economy has grown at a remarkably steady pace. An analysis of this increased stability shows that every major component of GDP has exhibited smoother growth. However, two components - inventory investment and consumer spending - are responsible for the bulk of the decline in overall volatility

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Year of publication:	[2007]
Authors:	McConnell, Margaret Mary
Other Persons:	Mosser, Patricia C. (contributor) ; Pérez-Quirós, Gabriel (contributor)
Publisher:	[2007]: [S.l.] : SSRN
Subject:	Nationaleinkommen \| National income \| Volatilität \| Volatility \| Lagerinvestition \| Inventory investment \| Privater Konsum \| Private consumption

Extent:	1 Online-Ressource (6 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Current Issues in Economics and Finance, Vol. 5, No. 13, September 1999 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 1999 erstellt
Classification:	E3 - Prices, Business Fluctuations, and Cycles ; E22 - Capital; Investment (including Inventories); Capacity ; E32 - Business Fluctuations; Cycles
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012776650