Can conventional theory explain the unconventional recovery?

An argument that the sluggishness of the current economic recovery reflects a permanent, structural change in the economy that may not be easily addressed using the standard monetary/fiscal incentives called for in the conventional view of business cycles, and that structural adjustment is a critical component of all economic fluctuations.

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Year of publication:	1992
Authors:	Altig, David ; Bryan, Michael F.
Published in:	Economic Commentary. - Federal Reserve Bank of Cleveland. - 1992, Apr, 2
Publisher:	Federal Reserve Bank of Cleveland
Subject:	Business cycles \| Economic conditions - United States

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005390470