Recovery in an Age of Thrift

Business-Cycle Conditions June, 2012 The expansion may seem tepid. But against a backdrop of unprecedented debt reduction, the economy doesn’t look all that bad. by Polina Vlasenko, PhD, Research Fellow

Business-Cycle Conditions

June, 2012

The expansion may seem tepid. But against a backdrop of unprecedented debt reduction, the economy doesn’t look all that bad.

by Polina Vlasenko, PhD, Research Fellow