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The uncertain trend in U.S. GDP

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  • Murray, Christian J.
  • Nelson, Charles R.

Abstract

Several recent papers conclude that US real GDP is trend stationary, implying that all shocks are transitory and the long run path is deterministic.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Monetary Economics.

Volume (Year): 46 (2000)
Issue (Month): 1 (August)
Pages: 79-95

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Handle: RePEc:eee:moneco:v:46:y:2000:i:1:p:79-95

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Web page: http://www.elsevier.com/locate/inca/505566

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