The Great Moderation is an important decline in the volatility of fluctuations in most macroeconomic variables that the USA and other developed and developing economies have experienced since the mid 1980s.
This case presents contending explanations, describes the basic facts and investigates the consequences of the Great Moderation for the likely amplitude of business cycles that are future.
The Great Moderation, Dead or Alive case study solution
PUBLICATION DATE: January 06, 2009 PRODUCT #: 709023-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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