IDEAS home Printed from https://ideas.repec.org/a/pal/buseco/v49y2014i1p21-26.html
   My bibliography  Save this article

The Economic Recovery Five Years after the Financial Crisis

Author

Listed:
  • James H Stock

Abstract

The slow recovery from the recession that ended in 2009 has been the subject of much analysis and comment. However, has the recovery really been slower than expected given the magnitude of the recession, historical patterns, and long-term changes in the U.S. economy and labor force? It is contended here that when these factors are taken into account, the recovery is fairly typical of the post-1960 experience. This paper lays out this case, after providing an overview of the economy as of September 2013. It then turns to the factors underlying the long-term trend of declining labor force participation and concludes by offering implications for policy.

Suggested Citation

  • James H Stock, 2014. "The Economic Recovery Five Years after the Financial Crisis," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 49(1), pages 21-26, January.
    • Handle: RePEc:pal:buseco:v:49:y:2014:i:1:p:21-26
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/be/journal/v49/n1/pdf/be201333a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/be/journal/v49/n1/full/be201333a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:buseco:v:49:y:2014:i:1:p:21-26. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.