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Independent Review

Regime Uncertainty and the Great Recession: A Market–Process Approach

Tidskriftsartikel
Referens
Laer, Wolf och Adam G. Martin (2016). ”Regime Uncertainty and the Great Recession: A Market–Process Approach”. Independent Review 20(4), 547–568.

Författare
Wolf Laer, Adam G. Martin

Uncertainty triggered by government policy may have played a large role in the U.S. economy’s slow recovery from the Great Recession. Whether or not it is the leading cause of the sluggishness, regime uncertainty is a powerful idea that adds nuance to the theory of market process.