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The Inflation-Output Variability Tradeoff Revisited.
During World War II and the Korean War, real GDP grew by about half the increase in government purchases. With allowance for other factors holding back GDP growth during those wars, the multiplier lin...
The rapid growth of China’s economy has brought about huge losses of natural capital in the form of natural resource depletion and damages from carbon emissions. This paper recalculates value added, c...
A Dynamic Input-Output Model of the Korean Economy。
Much of the analysis of economic growth has focused on the study of aggregate output. Here, we deviate from this tradition and look instead at the structure of output embodied in the network connectin...
The adverse effects of financial crises in terms of output losses or output growth below its potential can be treated like losses from catastrophic events which have a low likelihood but a large impac...
The question of how openness influence the effectiveness of monetary policy on output has captured some attention among researchers in recent years. But the number of studies which explored this quest...
We examine the importance of variable output (Gross Domestic Product (GDP) growth rate) on the preferences of the policy makers. We do so by examining the effect of output regimes on the form of monet...
The article discusses the comparison of economic performance under a policy that focuses on output gap and the other on Gross Domestic Product (GDP) growth. It examines the challenges associated in us...
This paper studies business cycle patterns in UK sectoral output. It analyzes the distinction between white noise processes and their non-white noise counterparts in the frequency domain and further e...
The fluctuation-dissipation theory is invoked to shed light on input-output industrial correlations at a macroscopic level; it is applied to the IIP (indices of industrial production) data in Japan.
This paper uses forecast combination methods to forecast output growth in a seven-country quarterly economic data set covering 1959–1999, with up to 73 predictors per country. Although the forecasts b...

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