Aggregate output dynamics in the twentieth century

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalNot applicablepeer-review

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Detail(s)

Original languageEnglish
Pages (from-to)15-22
Journal / PublicationEconomics Letters
Volume45
Issue number1
Publication statusPublished - May 1994
Externally publishedYes

Abstract

This study shows that annual output data of the G7 countries in the twentieth century are better characterized as transitory deviations from a (shifting) growth trend than as integrated processes. Furthermore, I find no two countries share common business cycles. © 1994.