Great Ratios, Balanced Growth and Stochastic Trends: Evidence for the Euro Area
Following Kydland and Prescott's (1982) seminal paper, a key question that has been debated widely remains, `Are business cycles mainly the result of permanent shocks to productivity?' This paper attempts to answer this question in the context of the Euro area economy as a whole, given cur...
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| Main Author: | Rafiq, M. Sohrab |
|---|---|
| Format: | Paper |
| Language: | English |
| Place of publication: |
01.11.2006 |
| Related: |
Department of Economics, Loughborough University |
| Data of publication: | 2006/11 |
| Series: |
Discussion Paper Series |
| Subjects: | |
| Online Access: | available in Bonn? |
| Database: | RePEc RePEc IDEAS Database information Databases - DBIS |