The Lasting Damage from the Financial Crisis to U.S. Productivity

Michael Redmond and Willem Van Zandweghe

Macro Bulletin, 2016, 1-3

Abstract: Michael Redmond and Willem Van Zandweghe find that tight credit conditions during the 2007?09 financial crisis dampened productivity, leaving it on a lower trajectory.

Keywords: total factor productivity; Credit Supply; Credit; Recession; Productivity; Financial crises (search for similar items in EconPapers)
JEL-codes: E52 (search for similar items in EconPapers)
Date: 2016
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