Explaining growth volatility (English)

This paper sets forth a framework for thinking about growth volatility which is general enough to incorporate the important structural, institutional, and policy variations among countries which might account for differences in their macroeconomic performance. The paper focuses particularly on the role of the financial sector. The paper discusses the importance of short run dynamic effects in determining long run outcomes, and the role of the financial...

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Author

Easterly,William R.;

Islam,Roumeen;

Stiglitz,Joseph Eugene;
Document Date
2000/01/01
Document Type
Working Paper
Report Number
28159
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/07/01
Doc Name
Explaining growth volatility
Keywords
board of governors of the federal reserve system

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Citation

Easterly,William R.; Islam,Roumeen; Stiglitz,Joseph Eugene.

Explaining growth volatility (English). Washington, DC: World Bank. http://documents.worldbank.org/curated/en/447071468761424497

Explaining growth volatility (English)

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