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文章基本信息

  • 标题:Economic Policies and Microeconomic Stability
  • 本地全文:下载
  • 作者:Paula Garda ; Volker Ziemann
  • 期刊名称:Economics Department Working Papers / OECD
  • 印刷版ISSN:0259-4633
  • 出版年度:2014
  • 卷号:2014
  • DOI:10.1787/5jz417mn2443-en
  • 出版社:Organisation for Economic Co-operation and Development (OECD)
  • 摘要:The decline in macroeconomic volatility from the 1980s to the onset of the Great Recession did not, in general, translate into more microeconomic stability. While microeconomic volatility can reflect growth-generating processes, such as creative destruction and re-allocation of resources, consumption growth volatility weighs on households’ welfare. This study reviews the existing literature on the link between economic policies and economic stability at the firm and household level. Based on firm-level and household-level data for a wide range of OECD countries, it also provides preliminary results on sources and patterns of microeconomic volatility.
  • 关键词:volatility; micro data; economic policy; growth
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