Economic Policies and Microeconomic Stability: A Literature Review and Some Empirics
The decline in macroeconomic volatility from the 1980s to the onset of the Great Recession did not, in general, translate into more microeconomic stability. While microeconomic volatility can reflect growth-generating processes, such as creative destruction and re-allocation of resources, consumptio...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Paris
OECD Publishing
2014
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Schlagwörter: | |
| Links: | https://doi.org/10.1787/5jz417mn2443-en |
| Zusammenfassung: | The decline in macroeconomic volatility from the 1980s to the onset of the Great Recession did not, in general, translate into more microeconomic stability. While microeconomic volatility can reflect growth-generating processes, such as creative destruction and re-allocation of resources, consumption growth volatility weighs on households' welfare. This study reviews the existing literature on the link between economic policies and economic stability at the firm and household level. Based on firm-level and household-level data for a wide range of OECD countries, it also provides preliminary results on sources and patterns of microeconomic volatility |
| Umfang: | 1 Online-Ressource (71 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5jz417mn2443-en |
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| indexdate | 2025-01-11T15:46:01Z |
| institution | BVB |
| language | English |
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| spellingShingle | Garda, Paula Economic Policies and Microeconomic Stability A Literature Review and Some Empirics Economics |
| title | Economic Policies and Microeconomic Stability A Literature Review and Some Empirics |
| title_alt | Politiques économiques et stabilité microéconomique |
| title_auth | Economic Policies and Microeconomic Stability A Literature Review and Some Empirics |
| title_exact_search | Economic Policies and Microeconomic Stability A Literature Review and Some Empirics |
| title_full | Economic Policies and Microeconomic Stability A Literature Review and Some Empirics Paula Garda and Volker Ziemann = Politiques économiques et stabilité microéconomique : Une revue de la littérature et quelques éléments empiriques / Paula Garda et Volker Ziemann |
| title_fullStr | Economic Policies and Microeconomic Stability A Literature Review and Some Empirics Paula Garda and Volker Ziemann = Politiques économiques et stabilité microéconomique : Une revue de la littérature et quelques éléments empiriques / Paula Garda et Volker Ziemann |
| title_full_unstemmed | Economic Policies and Microeconomic Stability A Literature Review and Some Empirics Paula Garda and Volker Ziemann = Politiques économiques et stabilité microéconomique : Une revue de la littérature et quelques éléments empiriques / Paula Garda et Volker Ziemann |
| title_short | Economic Policies and Microeconomic Stability |
| title_sort | economic policies and microeconomic stability a literature review and some empirics |
| title_sub | A Literature Review and Some Empirics |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/5jz417mn2443-en |
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