Buch, Claudia M.; Doepke, Joerg; Pierdzioch, Christian - In: German Economic Review 5 (2004) 4, pp. 451-479
Stylized facts suggest that output volatility in OECD countries has declined in recent years. The causes and the nature of this decline have so far been analyzed mainly for the United States. In this paper, we analyze whether structural changes in output volatility in Germany can be detected. We...