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.
Keywords: total factor productivity; Credit Supply; Credit; Recession; Productivity; Financial crises;
JEL Classification: E52;
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https://www.kansascityfed.org/~/media/files/publicat/research/macrobulletins/mb16redmondvanzandweghe0329.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Kansas City
Part of Series: Macro Bulletin
Publication Date: 2016-03
Pages: 1-3