The effects of business cycles on growth

This paper explores the links between business cycles and long-run growth. Although it is clear from a theoretical point of view that both of these phenomena are driven by the same macroeconomic variables, the interaction between economic fluctuations and growth has been largely ignored in the acad...

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Bibliographic Details
Main Author: Fatás, Antonio
Format: Artículo
Language:eng
Published: Banco Central de Chile 2019
Subjects:
Online Access:https://hdl.handle.net/20.500.12580/3685
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