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来源类型Working Paper
规范类型报告
DOI10.3386/w26857
来源IDWorking Paper 26857
Popular Economic Narratives Advancing the Longest U.S. Economic Expansion 2009-2019
Robert J. Shiller
发表日期2020-03-16
出版年2020
语种英语
摘要The U.S. economic expansion since 2009 is the longest on record since 1854, according to the National Bureau of Economic Research Business Cycle Dating Committee. This paper seeks to understand this phenomenon better by looking at the time paths of popular narratives over this interval, of stories that people have been telling that offer clues into their economic behavior. Six constellations of narratives are studied, identified by keywords “Great Depression,” “secular stagnation,” “sustainability,” “housing bubble,” “strong economy,” and “save more.”
主题Microeconomics ; Behavioral Economics ; Macroeconomics ; Consumption and Investment ; Business Cycles ; Money and Interest Rates
URLhttps://www.nber.org/papers/w26857
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/584530
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Robert J. Shiller. Popular Economic Narratives Advancing the Longest U.S. Economic Expansion 2009-2019. 2020.
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