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The link between output growth and volatility: Evidence from a GARCH model with panel data

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  • Lee, Jim

Abstract

Estimation results from a dynamic panel GARCH model for G7 countries over the 1965-2007 period support that higher output growth is associated with higher volatility of the innovations to growth, but higher growth does not lead to more economic uncertainty.

Suggested Citation

  • Lee, Jim, 2010. "The link between output growth and volatility: Evidence from a GARCH model with panel data," Economics Letters, Elsevier, vol. 106(2), pages 143-145, February.
    • Handle: RePEc:eee:ecolet:v:106:y:2010:i:2:p:143-145
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