Jones, Larry E.; Manuelli, Rodolfo E.; Siu, Henry E.; … - In: Review of Economic Dynamics 8 (2005) 4, pp. 780-804
Is there a trade-off between fluctuations and growth? The empirical evidence is mixed, with some studies finding a positive relationship, while others find a negative one. Our objectives are to understand how fundamental uncertainty affects the long run growth rate and to identify important...