Tesfaselassie, Mewael F. - Institut für Weltwirtschaft (IfW) - 2012
historical perspectives, namely, the Great Inflation of the 1970s and the New Economy of the 1990s, as these episodes were … slowdown while the New Economy of the 1990s was characterized by trend productivity pickup, which was driven by innovations in … information technology. Both the Great Inflation and the New Economy are interesting episodes, as both also involved academic and …