One-Pager No. 12 | August 2011

Not Your Father's Recession

President Dimitri B. Papadimitriou and Research Scholar Greg Hannsgen make the case that the recession has turned into a prolonged and very unusual slump in growth, preventing a labor-market recovery—and the government lags far behind in creating the new jobs needed to deal with this disaster.

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Working Paper No. 868
From Antigrowth Bias to Quantitative Easing
The ECB’s Belated Conversion?
Author(s): Jörg Bibow
June 2016

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