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involving U.S. inflation and GDP growth. Empirical results suggest that the number of change points is larger than previously …
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relative to GDP. Our results show the importance of combining financial and macroeconomic indicators for explaining time …
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The acceleration of productivity since 1995 has prompted a debate over whether the economy's underlying growth rate will remain high. In this paper, we propose a methodology for estimating trend growth that draws on growth theory to identify variables other than productivity - namely consumption...
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