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Trade and the Distribution Sector: Some Evidence from OECD Countries

✍ Scribed by Usree Bandyopadhyay

Book ID
125000954
Publisher
John Wiley and Sons
Year
1999
Tongue
English
Weight
370 KB
Volume
32
Category
Article
ISSN
0008-4085

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Are output growth-rate distributions fat
Are output growth-rate distributions fat-tailed? some evidence from OECD countries
✍ 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