The Uncertain Trend in U.S. GDP
AbstractSeveral 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 InfoPaper provided by Department of Economics at the University of Washington in its series Discussion Papers in Economics at the University of Washington with number 97-05.
Length: 19 pages
Date of creation: 1997
Date of revision:
BUSINESS CYCLES ; UNITED STATES;
Find related papers by JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
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