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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Tác giả chính: Lonkeng Ngouana, Constant
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2013.
Loạt:IMF Working Papers; Working Paper ; No. 2013/043
Truy cập trực tuyến:Full text available on IMF