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Examples
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Analytical work on historical banking disasters by Harvard's Carmen Reinhart and Kenneth Rogoff shows that post-collapse growth tends to be far slower than in the wake of common or garden-variety business-cycle recessions.
Fixing Problem Economies Is Like Wrestling a Balloon Simon Nixon 2011
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"You have to pay a painful short-term decline in business-cycle conditions to be able to exorcise this inflation," Mr. Shah said.
India's Inflation Is a Lesson for Fast-Growing Economies Alex Frangos 2011
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I learn that Barack Obama was attracted to the idea that on top of our â¨business-cycle demand-driven downturn was a longer-run trend rise in â¨technological unemployment that virtually guaranteed that the recovery would â¨be "jobless":
Brad DeLong: Review: Ron Suskind's Confidence Men Brad DeLong 2011
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Analytical work on historical banking disasters by Harvard's Carmen Reinhart and Kenneth Rogoff shows that post-collapse growth tends to be far slower than in the wake of common or garden-variety business-cycle recessions.
Fixing Problem Economies Is Like Wrestling a Balloon Simon Nixon 2011
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I learn that Barack Obama was attracted to the idea that on top of our â¨business-cycle demand-driven downturn was a longer-run trend rise in â¨technological unemployment that virtually guaranteed that the recovery would â¨be "jobless":
Brad DeLong: Review: Ron Suskind's Confidence Men Brad DeLong 2011
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I learn that Barack Obama was attracted to the idea that on top of our â¨business-cycle demand-driven downturn was a longer-run trend rise in â¨technological unemployment that virtually guaranteed that the recovery would â¨be "jobless":
Brad DeLong: Review: Ron Suskind's Confidence Men Brad DeLong 2011
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This is not to say that there are no reasons for a country to not participate in a unified currency area, but just that differences in business-cycle fluctuations across countries are not a well-grounded excuse.
Should Britain Join the Euro?, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Even though the Great Recession ended 16 months ago, according to the business-cycle arbiters at the National Bureau of Economic Research, that only means that the economy started to grow in June 2009.
In this recovery, Washington has less power over the economy than you think Allan Sloan 2010
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In their business-cycle model, realistic fluctuations in the rate of technological development brought about a covariation between GDP, consumption, investments and hours worked close to that observed in actual data.
Kydland and Prescott win Nobel, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Today, the economy is still trying to work its way through a deleveraging phase, rather than coming out of a more typical business-cycle recession.
Spending Cuts Are Half of the Deficit Battle David Reilly 2011
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