Note on Growth, Cycles, and Stabilization Policy

Posted: 10 Dec 2008

Date Written: January 2009

Abstract

This note presents an analysis which generalizes the results reached by Blackburn and Pelloni on the relationship between short-term stabilization policy and long-term growth by considering both deliberate (internal) and serendipitous (external) learning mechanisms for productivity growth.

JEL Classification: E32, E52, O42

Suggested Citation

Galindev, Ragchaasuren, Note on Growth, Cycles, and Stabilization Policy (January 2009). Oxford Economic Papers, Vol. 61, Issue 1, pp. 201-206, 2009, Available at SSRN: https://ssrn.com/abstract=1311717 or http://dx.doi.org/gpn024

Ragchaasuren Galindev (Contact Author)

Queen's University Belfast ( email )

25 University Square
Belfast, BT7 1NN
Ireland

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