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Volatility and Growth
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Volatility and Growth

really liked it 4.0  ·  Rating Details ·  4 Ratings  ·  1 Review
It has long been recognized that productivity growth and the business cycle are closely interrelated. Yet, until recently, the two phenomena have been investigated separately in the economics literature. This book provides the first consistent attempt to analyze the effects of macroeconomic volatility on productivity growth, and also the reverse causality from growth to bu ...more
Hardcover, 160 pages
Published September 29th 2005 by Oxford University Press, USA (first published January 1st 2005)
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Aug 09, 2011 Diego rated it really liked it
Volatility and Growth es un muy buen trabajo donde se construye un modelo monetario un tanto alternativo para analizar las fuentes e impacto de la volatilidad en la estabilidad económica en corto plazo y el crecimiento en el largo plazo.

El análisis se centra en el estudio de crisis generadas por volatilidad y en que casos estas no ocurren, particularmente dándolo un rol principal al sector financiero como fuente de financiamiento y a los emprendedores y firmas que acuden a el por créditos para i
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