DISTURBING ECONOMIC MYSTERIES: The Causes of the "Job Loss" Recovery

L. Josh Bivens and Christian Weller ()

Challenge, 2005, vol. 48, issue 2, 23-47

Abstract:

This economic recovery badly needs explaining. It was the first economic recovery in the modern period in which jobs were lost, not gained. The two authors provide an exhaustive analysis of why it has been different this time around. One of their conclusions is that institutional financial power and changes in corporate governance have contributed significantly to sluggish employment.

Date: 2005
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DOI: 10.1080/05775132.2005.11034287

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