The role of output composition in the stabilization of US output growth.

Ioannides, Yannis Menelaos.
Eggers, Andrew.
2004

US output growth became much more stable over the past half-century. This paper assesses the role of changes in the composition of output — the increasing importance of stable sectors and diminishing importance of volatile sectors — in this stabilization. Our decomposition of output growth volatility by one-digit industry indicates that a bit less than half of the drop in volatility between the pr... read more

Subjects
Economics.
Economic development--United States.
Tufts University. Department of Economics.
Permanent URL
http://hdl.handle.net/10427/008990
Original publication
Eggers, Andrew and Yannis Ioannides. 2006. "The role of output composition in the stabilization of US output growth." Journal of Macroeconomics 28(3): 585-595. doi:10.1016/j.jmacro.2004.09.007
ID: tufts:16913
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