The Relationship between Growth and Volatility under Alternative Shocks

This paper presents a simple stochastic endogenous growth model with multiple shocks � a preference shock and a learning shock. The model is used to predict alternative relationships between growth and volatility on the basis of the underlying impulse source of fluctuations.

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Year of publication:	2005-01-13
Authors:	Ragchaasuren, Galindev

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Extent:	application/pdf
Series:	Economics Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 589
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005826980