Post-traumatic slack syndrome and the economic outlook (with thanks to Finn Kydland, Dolly Parton and John Kenneth Galbraith)

Richard W. Fisher

No 7, Speeches and Essays from Federal Reserve Bank of Dallas

Abstract: \"I envision an output path going forward from here that looks something like a check mark, with the Johnny Mercer effect giving us a near-term snapback from the short, intense downstroke, followed by a transition to a long period of slower growth corresponding to the elongated side of the mark.\" ; Remarks at the Laboratory for Aggregate Economics and Finance, University of California, Santa Barbara, September 3, 2009.

Keywords: Financial crises; economic conditions - United States (search for similar items in EconPapers)
Date: 2009
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