Cyclical vs. Structural: Bivens and Shierholz Turn Over Every Stone to Find Out | Jared Bernstein | On the Economy

By Jared Bernstein
August 21st, 2014 at 9:45 am

As central bankers gather for their annual conference in Jackson Hole, Wyoming, a top agenda item is evaluating the current and future amount of slack in the US economy. In this regard, they’d be well advised to check out this new study from the two economists at the Economic Policy Institute which provides an exhaustive examination of the issue.

Continue reading Cyclical vs. Structural: Bivens and Shierholz Turn Over Every Stone to Find Out | Jared Bernstein | On the Economy