Andolfatto, David; Williams, Marcela M. - In: Review (2012) Mar, pp. 135-152
The U.S. economy has gained roughly 2.8 million jobs since early 2010. That may be cold comfort, considering that more than 8 million jobs have been lost since the recession began. The Federal Reserve has lowered its policy rate as far as it can go, and the economy is flush with liquidity. Yet...
