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"The Growing Case for a Jobless Recovery"
economistsview.typepad.com - 10/22/2009
"The Growing Case for a Jobless Recovery"
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Each year, Tim Duy organizes the Oregon Economic Forum , and this year he invited David Altig of the Atlanta Fed to talk about monetary policy. I'll be discussing fiscal policy, and one of the questions I'll address is whether more stimulus is needed. The poor condition of job markets will ...
The growing case for a jobless recovery
macroblog.typepad.com - 10/21/2009
The growing case for a jobless recovery
— macroblog.typepad.com — The Wall Street Journal repeats the unhappy news : "Companies across the economy are holding off on... hiring even as the profit outlook improves, amid economic uncertainty and their own success at raising productivity in rough waters. "Hiring ... (more) The growing case for a jobless recovery
Comments vote down Calculated Risk found this 10/21/2009found this
newsday.com - 10/18/2009
Jobless Recovery
— newsday.com — Wednesday October 14, 2009 4:34 PM By Walt Handelsman Share Email Print Tags: Recession Add a comment... Add a comment logged in as: Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you ... (more) Jobless Recovery

Comments vote down Daily Markets found this 10/18/2009found this
Macroblog: "The growing case for a jobless recovery"
calculatedriskblog.com - 10/22/2009
Macroblog: "The growing case for a jobless recovery"
— calculatedriskblog.com — Dave Altig writes at Macroblog: The growing case for a jobless recovery Dr. Altig reviews several recent... Macroblog posts, and adds: The percentage of employee separations labeled permanent is at a recorded high. Underneath the usual total ... (more) Macroblog: "The growing case for a jobless recovery"

Comments vote down J. Bradford DeLong's Grasping Reality with All Eight ... found this 10/22/2009found this

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EconLog: Library of Economics and Liberty:  A Recalculation Data Point

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Blog Reactions

A Recalculation Data Point
EconLog: Library of Economics and Liberty — ... , via Mark Thoma . [image] This statistic, the percentage of job losses that are permanent, is a useful way to distinguish Keynesian recessions from Recalculations. In a Keynesian recession, you are temporarily laid off because of excess inventories and deficient aggregate demand. You wait to be recalled by your firm. This was true of recessions from the end of the second World War through the 1980 recession. Even the 1975 recession, which was a "supply shock" (higher oil prices, requiring some permanent readjustments), had a relatively low share of permanent job losses. In a ...

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