Diese Anmerkung zeigt, dass das reale Bruttoinlandsprodukt der Bundesrepublik Deutschland einem trendstationären …This note shows that German real GDP follows a trend-stationary process. Both tests which have trend-stationarity as …

Empirical evidence suggests a sharp volatility decline of the growth in U.S. gross domestic product (GDP) in the mid …-1980s. Using Bayesian methods, we analyze whether a volatility reduction can also be detected for the German GDP. Since … volatility analysis different time series models for GDP growth. We find across all specifications evidence for an output …