Canarella, Giorgio; Fang, WenShwo; Miller, Stephen M.; … - Department of Economics, University of Nevada-Las Vegas - 2008
The Great Moderation, the significant decline in the variability of economic activity, provides a most remarkable … Susmel (1994) to document the end of the Great Moderation. The Great Moderation in the US and the UK begin at different point … in time. The explanations for the Great Moderation fall into generally three different categories: good monetary policy …