# Output volatility and volatility of output

- Canonical URL: https://www.gerhardmerk.de/output-volatility-and-volatility-of-output
- Post ID: 590724
- Modified: 2023-07-25T21:12:56+00:00
- Language: en

## Definition

The fluctuations (oscillations: fluctuations above and below a mean value) in the production of goods and services over time. - A distinction must be made between volatility at the microeconomic level (companies) and in the economy as a whole. Because output volatility is also (significantly!) influenced by the state of the financial markets, central banks monitor this development. - See volatility, two-pillar principle, cyclicality. - Cf. Monthly Report of the Deutsche Bundesbank of October 2009, pp. 35 et seq. (policy articles, overviews; references; output volatility in the financial crisis), Monthly Report of the ECB of December 2011, pp. 82 et seq. (output volatility in the context of financial crises; overviews). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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