Growth Dynamics: The Myth Of Economic Recovery
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Originally published | 2005 |
Authors | Valerie Cerra |
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Date of Upd. | |
ID | 1315914 |
About Growth Dynamics: The Myth Of Economic Recovery
Using panel data for a large number of countries, we find that economic contractions are not followed by offsetting fast recoveries. Trend output lost is not regained, on average. . . .