the source. A New Keynesian Perspective on the Great Recession

I would like to thank Michael Belongia, Paul Evans, and an anonymous referee for extremely helpful comments and suggestions on previous drafts of this paper. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications