The macroeconomic performance paradox: a new model
Carlin, Wendy; and Soskice, David
(2018)
The macroeconomic performance paradox: a new model
VoxEU.
Following the post-financial crisis recession, the UK and other high-income countries have experienced slow growth and stagnant productivity, along with both low inflation and, more recently, low unemployment. This column introduces an intuitive macroeconomic model that helps explain this puzzling combination.
| Item Type | Article |
|---|---|
| Copyright holders | © 2018 The Authors |
| Departments | Government |
| Date Deposited | 09 May 2018 09:01 |
| Acceptance Date | 2016-04-01 |
| URI | https://researchonline.lse.ac.uk/id/eprint/87808 |