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来源类型Working Paper
规范类型报告
DOI10.3386/w18751
来源IDWorking Paper 18751
Forecasting the Recovery from the Great Recession: Is This Time Different?
Kathryn M.E. Dominguez; Matthew D. Shapiro
发表日期2013-02-01
出版年2013
语种英语
摘要This paper asks whether the slow recovery of the US economy from the trough of the Great Recession was anticipated, and identifies some of the factors that contributed to surprises in the course of the recovery. It constructs a narrative using news reports and government announcements to identify policy and financial shocks. It then compares forecasts and forecast revisions of GDP to the narrative. Successive financial and fiscal shocks emanating from Europe, together with self-inflicted wounds from the political stalemate over the US fiscal situation, help explain the slowing of the pace of an already slow recovery.
主题Macroeconomics ; Business Cycles ; History ; Macroeconomic History
URLhttps://www.nber.org/papers/w18751
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/576425
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Kathryn M.E. Dominguez,Matthew D. Shapiro. Forecasting the Recovery from the Great Recession: Is This Time Different?. 2013.
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