The Great Moderation is a significant decline in the volatility of fluctuations in most macroeconomic variables that the United States and other developed and developing economies have experienced at least since the mid-1980s. This case describes the basic facts presented conflicting statements and examines the consequences of the Great Moderation for the amplitude of the probable future economic cycles.

The Great Moderation is a significant decline in the volatility of fluctuations in most macroeconomic variables that the United States and other developed and developing economies have experienced at least since the mid-1980s. This case describes the basic facts presented conflicting statements and examines the consequences of the Great Moderation for the amplitude of the probable future economic cycles.
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Diego Comin
16 pages.
Release Date: 6 January 2009. Prod #: 709 023 PDF-ENG
The Great Moderation, Dead or Alive? HBR case solution

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