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Growth differentials in OECD countries: some reflections

✍ Scribed by Dirk Pilat


Publisher
Springer-Verlag
Year
2005
Tongue
English
Weight
191 KB
Volume
2
Category
Article
ISSN
1612-4804

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Are output growth-rate distributions fat
✍ Giorgio Fagiolo; Mauro Napoletano; Andrea Roventini πŸ“‚ Article πŸ“… 2008 πŸ› John Wiley and Sons 🌐 English βš– 234 KB

## Abstract This work explores some distributional properties of aggregate output growth‐rate time series. We show that, in the majority of OECD countries, output growth‐rate distributions are well approximated by symmetric exponential power densities with tails much fatter than those of a Gaussian