There is no consensus about the causes of the reduction in business cycle volatility seen in many major economies over … stability has been fostered by improved monetary policy and by associated changes in the behaviour of inflation, which has … itself led to a reduction in the volatility of economic shocks. Our projections suggest that a number of major economies …

There is no consensus about the causes of the reduction in business cycle volatility seen in many major economies over … stability has been fostered by improved monetary policy and by associated changes in the behaviour of inflation, which has … itself led to a reduction in the volatility of economic shocks. Assuming an absence of cataclysmic events, our projections …

the crisis-affected economies in East Asia. Using the Hodrick-Prescott filter, this paper examines the growth volatility … and Hong Kong SAR. Empirical evidences based on quarterly data show that output volatility for both Singapore and South … Korea has increased after the AFC. For the GDP components, trade is a major factor in lowering GDP volatility in Chinese …