Journal Article

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

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. The article is summarized in The Macro Bulletin.

Keywords: Productivity; Financial Crisis; Recession;

JEL Classification: G01; E24;

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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Economic Review

Publication Date: 2016

Issue: Q I

Pages: 39-64