The Life Cycle of US Economic Expansions
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Graphs that allow side by side comparisons of the six longer US expansions since 1950 suggest that these expansions have four distinct phases: (1) a high growth recovery during which the rate of unemployment declines to its pre-recession level, (2) a modest growth plateau during which the rate of
提供机构:
美国国家经济研究局创建时间:
2001-03-01



