Government policies and the delayed economic recovery [[electronic resource] /] / edited by Lee E. Ohanian, John B. Taylor, and Ian J. Wright

• Record Nr.: UNINA9910790861003321
• Pubbl/distr/stampa: Stanford, California, : Hoover Institution Press, Stanford University, 2012
• ISBN: 0-8179-1536-2; 0-8179-1538-9
• Edizione: [1st ed.]
• Descrizione fisica: vi, 254 p
• Collana: Hoover Institution Press publication ; ; no. 627
• Altri autori (Persone): OhanianLee E; TaylorJohn B; WrightIan J
• Disciplina: 330.973
• Soggetti: Economic development - United States; United States Economic policy 2009-; United States Economic conditions 2009-
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Front Cover -- Book Title -- Contents -- Introduction - Lee E. Ohanian and John B. Taylor -- 1. Economic Strength and American Leadership - George P. Shultz -- 2. Uncertainty Unbundled: The Metrics of Activism - Alan Greenspan -- 3. Has Economic Policy Uncertainty Hampered the Recovery? - Scott R. Baker, Nicholas Bloom, and Steven J. Davis -- 4. How the Financial Crisis Caused Persistent Unemployment - Robert E. Hall -- 5. What the Government Purchases Multiplier Actually Multiplied in the 2009 Stimulus Package - John F. Cogan and John B. Taylor -- 6. The Great Recession and Delayed Economic Recovery: A Labor Productivity Puzzle? - Ellen R. McGrattan and Edward C. Prescott -- 7. Why the U.S. Economy Has Failed to Recover and What Policies Will Promote Growth - Kyle F. Herkenhoff and Lee E. Ohanian -- 8. Restoring Sound Economic Policy: Three Views - Alan Greenspan, George P. Shultz, and John H. Cochrane -- 9. Summary of the Commentary - Ian J. Wright -- About the Authors -- About the Hoover Institution's Working Group on Economic Policy -- Index.
• Sommario/riassunto: This book examines the reasons for the unprecedented weak recovery ; following the recent US recession and explores the possibility that government economic policy is the problem. Drawing on empirical research that looks at issues from policy uncertainty to increased regulation, the volume offers a broad-based assessment of how government policies are slowing economic growth and provides a framework for understanding how those policies should change to restore prosperity in America.