Hysteresis and Business Cycles /
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as 'hysteresis,' argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical...
| প্রধান লেখক: | Cerra, Valerie |
|---|---|
| অন্যান্য লেখক: | Fatas, A., Saxena, Sweta |
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2020.
|
| মালা: | IMF Working Papers; Working Paper ;
No. 2020/073 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |
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