Journal Article
Can conventional theory explain the unconventional recovery?
Abstract: An argument that the sluggishness of the current economic recovery reflects a permanent, structural change in the economy that may not be easily addressed using the standard monetary/fiscal incentives called for in the conventional view of business cycles, and that structural adjustment is a critical component of all economic fluctuations.
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1992
Issue: Apr
Order Number: 2