Business cycle moderation - good policies or good luck: evidence and explanations for the Euro area

Economic fluctuations in most of the industrialised world have for over the past 30 years been characterised by declining volatility. This decline has also been a trait witnessed for output fluctuations in the Euro Area. This paper has two objectives. The first is to provide a comprehensive characte...

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Bibliographic Details
Main Author: M.S. Rafiq
Format: Default Preprint
Published: 2006
Subjects:
Other economics not elsewhere classified
Output volatility
Monetary policy
International shocks
Economics not elsewhere classified
Online Access:https://hdl.handle.net/2134/2508
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https://hdl.handle.net/2134/2508

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