Structural Transformation and the Volatility of Aggregate Output in OECD Countries /

This paper finds a negative relationship between the employment share of the service sector and the volatility of aggregate output in the OECD-after controlling for the level of financial development. This result reflects volatility differentials across sectors: labor productivity is more volatile i...

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Príomhchruthaitheoir: Lonkeng Ngouana, Constant
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2013.
Sraith:IMF Working Papers; Working Paper ; No. 2013/043
Rochtain ar líne:Full text available on IMF