As Tyler Cowen Says, “Model This”
Posted in Macroeconomics, Politics on Aug 1st, 2016
This finding, while not surprising, is hard for me to square with the Political Economy we live in: On the Distribution of the Welfare Losses of Large Recessions by Dirk Krueger, Kurt Mitman, Fabrizio Perri – NBER WP#22458 How big are the welfare losses from severe economic downturns, such as the U.S. Great Recession? How […]
