Would great moderation continue?

Posted by on April 2nd, 2008 at 06:32am

Niche Article Directory wrote an interesting post today on
Here’s a quick excerpt
I have earlier written a few posts on Great Moderation. The posts have varied on what it means, the research work, conferences etc. I came across this excellent paperon the subject by William White who revisits the subject and provides a more comprehensive answer on what led to great moderation. Most research looks at either Monetary Policy or structural factors, he says it is a combination of four factors: (a) More effective domestic monetary policy? (b) Increased domestic deregulation, c

Read the rest of this great post here

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