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- W2029940910 abstract "Abstract Some recent research has concluded that changes in the trend growth rate have a very large effect on consumer welfare, whereas cycles around the trend have only trivial effects. The paper criticizes this view and develops an alternative framework which suggests that both trends and cycles have important welfare implications." @default.
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- W2029940910 date "1995-03-01" @default.
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- W2029940910 title "Trends versus cycles: Asymmetric preferences and heterogeneous individual responses" @default.
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- W2029940910 doi "https://doi.org/10.1016/0164-0704(95)80099-9" @default.
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