A Painfully Slow Recovery for America’s Workers: Causes, Implications, and the Federal Reserve’s Response

A new speech from Janet Yellen is worth reading. Here are some figures from the speech on the slow response relative to other recessions and the contribution of fiscal support (or lack thereof) for this recession. Premature fiscal contraction is misguided and damaging.



About ozidar

I'm an Assistant Professor of Economics at the University of Chicago Booth School of Business and a Faculty Research Fellow at National Bureau of Economic Research. You can follow me on twitter @omzidar. http://faculty.chicagobooth.edu/owen.zidar/index.html
This entry was posted in Uncategorized and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s