tag:blogger.com,1999:blog-2098432983500045934.post2818392356766478529..comments2024-03-12T22:19:32.339-04:00Comments on The New Arthurian Economics: Assumptions and the Progress of Economic GrowthThe Arthurianhttp://www.blogger.com/profile/16501331051089400601noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2098432983500045934.post-53340683434463198002017-11-28T14:22:35.615-05:002017-11-28T14:22:35.615-05:00See also: Booms, Crises, and Recoveries: A New Par...<br />See also: Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications<br /><br />http://www.imf.org/en/Publications/WP/Issues/2017/11/16/Booms-Crises-and-Recoveries-A-New-Paradigm-of-the-Business-Cycle-and-its-Policy-Implications-45368<br /><br />"All types of recessions, on average, not just those associated with financial and political crises (as in Cerra and Saxena, AER 2008), lead to permanent output losses..."<br />The Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.com