I revisit the relationship between growth and volatility in two different disaggregated datasets. I confirm that growth … aggregate volatility that is common across sectors that correlates negatively with aggregate growth. Furthermore, while … and volatility are negatively related across countries, but show that the relation reverses itself across sectors. This …

investment funds traces out a mean-variance tradeoff for the growth rate of the economy. In particular, the volatility of these … the context of two partial equilibrium endogenous growth models. In our first model, the scale of fickle outside … regulation of outside investment may increase growth. Our second model involves increasing returns and multiple equilibria. In …

The post-1983 moderation coincided with an ahistorical divergence in the money aggregate growth and velocity … volatilities away from the downward trending GDP and inflation volatilities. Using an en dogenous growth monetary DSGE model, with … micro-based banking production, enables a contrasting characterization of the two great volatility cycles over the …

macroeconomic questions such as business cycles, growth, and policy. Particular attention is given to the ability of the model to …

, appropriate for measuring interest rate effects. A stochastic trend measures underlying shifts in productivity and other supply … growth. There are important and persistent effects of high real interest rates, which significantly constrained growth in the … 1990s, and significant potential growth benefits from fiscal discipline. South African growth appears to have become more …

second phase that growth starts in earnest. The historical record of productivity growth associated with electrification, and …We develop a model of growth driven by successive improvements in `General Purpose Technologies' (GPTs), such as the … cycles: during the first phase of each cycle output and productivity grow slowly or even decline, and it is only in the …

capital and in this sense induces the growth rate decrease. Shifts in the model’s credit sector productivity cause shifts in … growth rate. While inflation and growth rate changes occur simultaneously, the inflation acts as a tax on the return to human … the income velocity of money that can break the otherwise stable relation between money, inflation, and output growth …

of productivity growth, but the effect depends critically on a country's level of financial development. For countries … with relatively low levels of financial development, exchange rate volatility generally reduces growth, whereas for … rate volatility, and outliers. We also offer a simple monetary growth model in which real exchange rate uncertainty …

When learning-by-doing is at the origin of growth, we show that growth rates should be negatively related to the … amplitude of the business cycle if the growth rate in human capital is increasing and concave in the cyclical component of … standard control variables, we find that countries and regions that have higher standard deviations of growth and of …