The B E Journal of Macroeconomics Volume 12 Issue 3

Abstract The effect of the Great Recession on the U.S. labor market will likely persist even after economic output has recovered. Although the Great Recession did not greatly change the relative probabilities of job loss for different types of workers, the long-run impact will vary by worker...

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Journal Article

Shifting Confidence in Homeownership: The Great Recession

Bracha, Anat; Jamison, Julian C.

2012 The B.E. Journal of Macroeconomics

doi:10.1515/1935-1690.104

Abstract We study the responses to several questions related to real estate that were added to the Michigan Survey of Consumers in July and August of 2011. Specifically, we asked about attitudes toward renting versus buying a home; about commuting; and about how much to spend on a mortgage. By...

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Journal Article

First Discussant Comment on “Potential Effects of the Great Recession on the U.S. Labor Market”

Burtless, Gary

2012 The B.E. Journal of Macroeconomics

doi:10.1515/1935-1690.108

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Journal Article

The Effects of the Great Recession on Central Bank Doctrine and Practice

Bernanke, Ben S.

2012 The B.E. Journal of Macroeconomics

doi:10.1515/1935-1690.120

LitStream

Journal Article

Fiscal Policy as a Stabilization Tool

Fatás, Antonio; Mihov, Ilian

2012 The B.E. Journal of Macroeconomics

doi:10.1515/1935-1690.113

Abstract We analyze empirically the cyclical behavior of fiscal policy among a group of 23 OECD countries. We introduce a framework to capture the fiscal policy stance in a way that brings together automatic stabilizers and discretionary fiscal policy. We show that, for most countries, automatic...

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The B E Journal of Macroeconomics Volume 12 Issue 3

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The B E Journal of Macroeconomics Volume 12 Issue 3

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