Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: How Do Output Growth Rate Distributions Look Like? Some Time-Series
  Evidence on OECD Countries   This paper investigates the statistical properties of within-country GDP and
industrial production (IP) growth rate distributions. Many empirical
contributions have recently pointed out that cross-section growth rates of
firms, industries and countries all follow Laplace distributions. In this work,
we test whether also within-country, time-series GDP and IP growth rates can be
approximated by tent-shaped distributions. We fit output growth rates with the
exponential-power (Subbotin) family of densities, which includes as particular
cases both the Gaussian and the Laplace distributions. We find that, for a
large number of OECD countries including the U.S., both GDP and IP growth rates
are Laplace distributed. Moreover, we show that fat-tailed distributions
robustly emerge even after controlling for outliers, autocorrelation and
heteroscedasticity.

20
The categories of this paper are: acc-phys
37
The categories of this paper are: supr-con
1
The categories of this paper are: cs
24
The categories of this paper are: dg-ga
27
The categories of this paper are: comp-gas
5
The categories of this paper are: gr-qc
34
The categories of this paper are: chem-ph
18
The categories of this paper are: econ
6
The categories of this paper are: astro-ph
30
The categories of this paper are: q-alg
10
The categories of this paper are: q-bio
11
The categories of this paper are: hep-lat
9
The categories of this paper are: nlin
33
The categories of this paper are: plasm-ph
7
The categories of this paper are: hep-th
28
The categories of this paper are: alg-geom