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What Caused the Great Moderation? Some Cross-Country Evidence
7 references·16 citing·45 second hop
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References

  • 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*4,631 cited
  • 1999Measuring Business Cycles: Approximate Band-Pass Filters for Economic Time Series2,829 cited
  • 2000What is an Oil Shock?2,194 cited
  • n.d.Output Fluctuations in the United States: What Has Changed since the Early 1980's?1,867 cited
  • 1999Has the U.S. Economy Become More Stable? A Bayesian Approach Based on a Markov-Switching Model of the Business Cycle1,174 cited
  • 2001The Long and Large Decline in U.S. Output Volatility995 cited
  • 2003Globalization and Global Disinflation339 cited

Cited by

  • 2008Dynamic Factor Models with Time-Varying Parameters: Measuring Changes in International Business Cycles275 cited
  • 2009Oil and the Great Moderation228 cited
  • 2010Explaining and Forecasting Bond Risk Premiums220 cited
  • 2007How Useful Is Okun's Law?182 cited
  • 2015The Great Moderation, the Great Excess and the global housing crisis172 cited
  • 2007Understanding the Evolving Inflation Process143 cited
  • 2009The duration of economic expansions and recessions: More than duration dependence98 cited
  • 2012Countercyclical Restructuring and Jobless Recoveries

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94 cited
  • 2007Wavelet Variance Analysis of Output in G-7 Countries89 cited
  • 2007The Recent Behaviour of Financial Market Volatility85 cited
  • 2010Wavelet-based detection of outliers in financial time series80 cited
  • 2013Changes in the oil price-inflation pass-through73 cited
  • 2012The role of political institutions for the effectiveness of central bank independence70 cited
  • 2021When homes earn more than jobs: the rentierization of the Australian housing market56 cited
  • 2008Monetary Policy, Endogenous Inattention and the Volatility Trade‐off55 cited
  • 2008The Great Moderation and the Relationship between Output Growth and Its Volatility55 cited