The Uncertain Trend in U.S. GDP.
Several recent papers conclude that US real GDP is trend stationary, implying that all shocks are transitory and the long run path is deterministic.
Year of publication: |
1997
|
---|---|
Authors: | Nelson, C-R ; Murray, C-J |
Institutions: | Department of Economics, University of Washington |
Subject: | BUSINESS CYCLES | UNITED STATES |
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