Stiroh, Kevin J. (contributor) - 2006
two decades. Figure 1 plots the rolling 20-quarter standard deviation of output
growth for the U.S. business and nonfarm … business sectors and shows a precipitous decline in the mid-
1980s.
1
This observation has generated considerable interest … data for the U.S. business and nonfarm business sectors from the BLS to be consistent with subsequent
decompositions …