Bad Breaks in Real GDP and Employment
Why do policymakers allow economies to settle into a “new normal” after a bad break in the economy rather than try to return the economy to its previous trend? In this book, economist Harrison C. Hartman discusses some of the variables that impact a nation’s ability to recover from negative aggregate demand shocks.
Spanning total real GDP, per capita real GDP, and nonfarm payroll employment in the ...
Why do policymakers allow economies to settle into a “new normal” after a bad break in the economy rather than try to return the economy to its previous trend? In this book, economist Harrison C. Hartman discusses some of the variables that impact a nation’s ability to recover from negative aggregate demand shocks.
Spanning total real GDP, per capita real GDP, and nonfarm payroll employment in the ...
