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The Uncertain Trend in U.S. GDP

Listed author(s):
  • Chris Murray
  • Charles Nelson

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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File URL: http://www.econ.washington.edu/user/cnelson/UNCERT_web.pdf
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Paper provided by University of Washington, Department of Economics in its series Working Papers with number 0074.

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Date of creation: Mar 1998
Handle: RePEc:udb:wpaper:0074
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Web page: http://www.econ.washington.edu/
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