NDLI: The E ff ect of Recessions on the Relationship Between Output Variability and Growth ∗

Content Provider	Semantic Scholar
Author	Olekalns, Nilss
Copyright Year	2000
Abstract	This paper investigates the relationship between output volatility and growth using post-war real GDP data for the United States. We expand on recent research by Beaudry and Koop (1993) documenting the asymmetric effect of recessions on output growth. The results presented in this paper suggest that output volatility is highest when the economy is contracting. While we find that the economy expands most rapidly following a recession, this expansion is offset by the negative impact of output uncertainty. ∗The authors thank Michelle Barnes and participants at the Fifth Annual Australasian Macroeconomics Workshop for their comments on an earlier draft of this paper. Any errors in the paper are our responsbility.
File Format	PDF HTM / HTML
Alternate Webpage(s)	https://minerva-access.unimelb.edu.au/bitstream/handle/11343/33642/65768_00000053_01_745.pdf?isAllowed=y&sequence=1
Alternate Webpage(s)	http://fbe.unimelb.edu.au/__data/assets/pdf_file/0010/805987/745.pdf
Language	English
Access Restriction	Open
Subject Keyword	Australasian Conference on Information Systems Contract agreement Documented Ectomesenchymal Chondromyxoid Tumor Heart rate variability Software documentation Volatility
Content Type	Text
Resource Type	Article

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