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Declines in the Volatility of the US Economy; A Detailed Look

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Author Info
Bruce T. Grimm
Brian K. Sliker (Bureau of Economic Analysis)
Abstract

Decline in volatility of the U.S.economy that occurred in about 1984 primarily results from declines in covariances between industries, or between states, rather than declines in variances of the individual industries or states

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Paper provided by Bureau of Economic Analysis in its series BEA Working Papers with number 0043.

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Date of creation: Apr 2009
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Handle: RePEc:bea:wpaper:0043

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E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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This page was last updated on 2009-12-2.

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