- Awarded Scholar:
- Jesse Rothstein, University of California, Berkeley
Among the most pressing and persistent questions about the Great Recession are these: Why has the U.S. labor market been so slow to recover, leaving unemployment rates near nine percent more than two years after the official end of the recession?
Tagged: - Awarded Scholar:
- Till von Wachter, Columbia University
Different tribes of economists tend to view recessions quite differently. Keynesians suggest that recessions result from economy-wide slumps in demand and do not produce a lasting change in industrial structure.
Tagged: - Awarded Scholars:
- Erling Barth, University of Oslo
- James Davis, U.S. Census Bureau
- Richard B. Freeman, Harvard University
Even though the Great Recession officially ended in June 2009, Americans still face anemic employment prospects that, unlike the economy, show little sign of improvement.
Tagged: