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Analyzing time-varying effects of potential output growth shocks

Employing a state space model, we find for the United States economy that potential output growth rate can deviate from its steady state level for substantially long periods.
Year of publication:
2008
Authors: Özlale, Ümit ; Özbek, Levent
Published in:
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 98.2008, 3, p. 294-300
Publisher: Elsevier
Type of publication: Article
Source:
Persistent link: https://www.econbiz.de/10005159037
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