trough of the worst recession of the postwar period. During the next twenty-four months, the unemployment rate fell by 3.5 percentage points and real GNP expanded by 11.9 percent. This stronger-than-normal expansion was accompanied by a declining rate of inflation; the annualized rates of increase of the GNP deflator fell from 3.6 percent in the fourth quarter of 1982 to 3.0 percent in the fourth quarter of 1984. The saying that failure is an orphan, while success has many self-proclaimed fathers can be applied to business cycles in general and to this one in particular The battle over paternity is joined here by supply siders, by Keynesian fiscalists, and by monetarists. Some supply-side economists argue that the recovery reflected the fav...
Business cycles ; Economic conditions - United States ; Econometric models ; Gross national product ...
In the first thirty years after World War II, the United States economy performed remarkably well. T...
The general economic crisis that was unleashed across the world in 2008 is a Great Depression. It wa...
The first two years of the economic expansion that began in 1983 were unusually strong and were acco...
secret that the performance of the U. S. economy was far from satisfactory in the ’70s. For example,...
Mainstream economists were puzzled by the global depression (the so-called Great Recession) that sta...
Fundamental changes have been taking place in the world, in both world political and economic field...
The U.S. economy, over the long term, has been a huge success story. Rising productivity has brought...
outlook of political leaders, the media and many economic analysts. The National Bureau of Economic ...
This paper reconsiders the role of macroeconomic shocks and policies in determining the Great Recess...
With the US economy stuck in its worst recession since at least the early 1980s, and with the onset ...
In late 2008 and early 2009, there has been a serious deterioration in the economic outlook of polit...
This paper reconsiders the role of macroeconomic shocks and policies in determining the Great Recess...
The deep and prolonged recession triggered by the global financial crisis of 2007–2009 led to a larg...
The views expressed are the author’s own and do not represent those of the Institute, its staff, or ...
Business cycles ; Economic conditions - United States ; Econometric models ; Gross national product ...
In the first thirty years after World War II, the United States economy performed remarkably well. T...
The general economic crisis that was unleashed across the world in 2008 is a Great Depression. It wa...
The first two years of the economic expansion that began in 1983 were unusually strong and were acco...
secret that the performance of the U. S. economy was far from satisfactory in the ’70s. For example,...
Mainstream economists were puzzled by the global depression (the so-called Great Recession) that sta...
Fundamental changes have been taking place in the world, in both world political and economic field...
The U.S. economy, over the long term, has been a huge success story. Rising productivity has brought...
outlook of political leaders, the media and many economic analysts. The National Bureau of Economic ...
This paper reconsiders the role of macroeconomic shocks and policies in determining the Great Recess...
With the US economy stuck in its worst recession since at least the early 1980s, and with the onset ...
In late 2008 and early 2009, there has been a serious deterioration in the economic outlook of polit...
This paper reconsiders the role of macroeconomic shocks and policies in determining the Great Recess...
The deep and prolonged recession triggered by the global financial crisis of 2007–2009 led to a larg...
The views expressed are the author’s own and do not represent those of the Institute, its staff, or ...
Business cycles ; Economic conditions - United States ; Econometric models ; Gross national product ...
In the first thirty years after World War II, the United States economy performed remarkably well. T...
The general economic crisis that was unleashed across the world in 2008 is a Great Depression. It wa...