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Federal Reserve Bank of Kansas City
Economic Review
The Lasting Damage from the Financial Crisis to U.S. Productivity
Michael Redmond
Willem Van Zandweghe
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.


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Michael Redmond & Willem Van Zandweghe, "The Lasting Damage from the Financial Crisis to U.S. Productivity" , Federal Reserve Bank of Kansas City, Economic Review, issue Q I, pages 39-64, 2016.
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Keywords: Financial Crisis; Recession; Productivity
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