A Welfare Analysis Of Economic Fluctuations In South America
作者： Fábio Augusto Reis Gomes , Leandro Gonçalves do Nascimento
DOI:
关键词: Welfare 、 Welfare analysis 、 South american 、 Economics 、 Macroeconomics
摘要: How large are welfare costs associated with economic aggregate fluctuations is a topic of great concern among economists at least since Robert Lucas' well-known and thought-provoking exercise in the late 1980s. Our analysis assesses magnitude such for nine countries South America by means three alternative trend-cycle decomposition methods. The results suggest American have notably higher than U. S. economy.
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