期刊名称：Business Review - Federal Reserve Bank of Philadelphia
印刷版ISSN：0007-7011
出版年度：2007
卷号：1
出版社：Federal Reserve Bank of Philadelphia
摘要：Since the middle of the 1980s, economic
growth in the U.S. has become much more
stable than it was in the preceding three
decades. And the magnitude of the decline
is substantial. What accounts for the decline in volatility,
and why is the decline important for policymakers? In
this article, Jerry Carlino discusses these questions and
makes the case that using state-level data, rather than
just national data, offers a much larger testing ground for
analyzing the decline in economic volatility.
