Robert Schuman Centre for Advanced Studies (RSCAS)
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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject
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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject "Volatility"
Now showing items 1-2 of 2
Title:Was Industrialization An Escape From the Commodity Lottery? Evidence From Italy, 1861-1939
Author(s):FEDERICO, Giovanni; VASTA, MichelangeloDate:2010Type of Publication:ArticleAbstract:The specialization in exporting primary products is frequently deemed harmful for long-run development, because it increases volatility of terms of trade and thus the number and frequency of macroeconomic shocks. One would ...
Title:Empirical Evidence on Growth and Volatility
Author(s):STASTNY, Michael; ZAGLER, MartinDate:2007Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:This paper empirically investigates the relationship between long-run economic growth and output
volatility. There is an emerging theoretical literature on the topic which is inconclusive on the size and
direction of the ...