The Lasting Damage from the Financial Crisis to U.S. Productivity
研究发现2007-09年金融危机期间的信贷紧缩抑制了生产力,使其长期处于较低轨迹。
Michael Redmond and Willem Van Zandweghe find that tight credit conditions during the 2007?09 financial crisis dampened productivity, leaving it on a lower trajectory. The article is summarized in The Macro Bulletin.