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The “Subpar” Recovery: A Long-standing Misunderstanding

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  • Anirvan Banerji
  • Lakshman Achuthan
Abstract
Is the slow growth recovery and expansion a break from past patterns? These two economists argue that it is consistent with a long-term trend toward slower growth that started in the 1970s. It is not likely that rapid economic growth will return anytime soon.

Suggested Citation

  • Anirvan Banerji & Lakshman Achuthan, 2015. "The “Subpar” Recovery: A Long-standing Misunderstanding," Challenge, Taylor & Francis Journals, vol. 58(2), pages 139-148, March.
    • Handle: RePEc:mes:challe:v:58:y:2015:i:2:p:139-148
    DOI: 10.1080/05775132.2015.1016324
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    References listed on IDEAS

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    1. John G. Fernald, 2015. "Productivity and Potential Output before, during, and after the Great Recession," NBER Macroeconomics Annual, University of Chicago Press, vol. 29(1), pages 1-51.
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    6. Congressional Budget Office, 2014. "The Budget and Economic Outlook: 2014 to 2024," Reports 45010, Congressional Budget Office.
    7. Congressional Budget Office, 2014. "An Update to the Budget and Economic Outlook: 2014 to 2024," Reports 45653, Congressional Budget Office.
    8. Congressional Budget Office, 2014. "An Update to the Budget and Economic Outlook: 2014 to 2024," Reports 45653, Congressional Budget Office.
    9. Congressional Budget Office, 2014. "The Budget and Economic Outlook: 2014 to 2024," Reports 45010, Congressional Budget Office.
    10. Congressional Budget Office, 2014. "The Budget and Economic Outlook: 2014 to 2024," Reports 45010, Congressional Budget Office.
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