Canarella, Giorgio; Fang, Wen-shwo; Miller, Stephen M.; … - 2008
Department of Economics Working Paper Series
Is the Great Moderation Ending? UK and US Evidence
Giorgio Canarella … number of papers document the beginning of the Great
Moderation in the US and the UK. In this paper, we use the Markov regime … Moderation in the US and the
UK begin at different point in time. The explanations for the Great Moderation
fall into generally …