On the relationship between growth and volatility

Keith Blackburn; Alessandra Pelloni

doi:10.1016/j.econlet.2003.10.010

On the relationship between growth and volatility

Keith Blackburn, Alessandra Pelloni

Economics

Research output: Contribution to journal › Article › peer-review

Abstract

We study the relationship between output growth and output variability in a simple stochastic monetary growth model with nominal rigidities and learning-by-doing. We show that this relationship may be positive or negative depending on the impulse source of fluctuations. © 2004 Elsevier B.V. All rights reserved.

Original language	English
Pages (from-to)	123-127
Number of pages	4
Journal	Economics Letters
Volume	83
Issue number	1
DOIs	https://doi.org/10.1016/j.econlet.2003.10.010
Publication status	Published - Apr 2004

Keywords

Business cycles
Growth
Volatility

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10.1016/j.econlet.2003.10.010

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title = "On the relationship between growth and volatility",

abstract = "We study the relationship between output growth and output variability in a simple stochastic monetary growth model with nominal rigidities and learning-by-doing. We show that this relationship may be positive or negative depending on the impulse source of fluctuations. {\textcopyright} 2004 Elsevier B.V. All rights reserved.",

keywords = "Business cycles, Growth, Volatility",

author = "Keith Blackburn and Alessandra Pelloni",

year = "2004",

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AB - We study the relationship between output growth and output variability in a simple stochastic monetary growth model with nominal rigidities and learning-by-doing. We show that this relationship may be positive or negative depending on the impulse source of fluctuations. © 2004 Elsevier B.V. All rights reserved.

KW - Business cycles

KW - Growth

KW - Volatility

U2 - 10.1016/j.econlet.2003.10.010

DO - 10.1016/j.econlet.2003.10.010

M3 - Article

SN - 0165-1765

VL - 83

SP - 123

EP - 127

JO - Economics Letters

JF - Economics Letters

IS - 1

ER -

On the relationship between growth and volatility

Abstract

Keywords

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