Research Discussion Paper – RDP 2005-08 Declining Output Volatility: What Role for Structural Change?
October 2005
Contents
- Introduction
- Explanations for Declining Output Volatility
- Methodology and Data
- Results
- Conclusions
- Appendix A: Factor Mobility and Output Volatility – A Simple Model
- Appendix B: Data Descriptions, Sources and Summary Figures
- References
We would like to thank Jonathan Kearns, Marion Kohler, Adrian Pagan, Tony Richards, David Wilcox and seminar participants at the Reserve Bank of Australia and at the annual conference of the Reserve Bank of Australia for their valuable comments and discussion. The views expressed in this paper are those of the authors and do not necessarily reflect the views of the Reserve Bank of Australia.