The Fabulous Decade: Macroeconomic Lessons from the 1990s

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The performance of the U.S. economy in the 1990s far outstripped expectations. Growth was surprisingly strong, unemployment fell to the lowest level in a generation, and yet inflation remained dormant. Why? And what lessons can we learn from this wonderful episode? Alan S. Blinder and Janet L. Yellen, who participated in these events both at the Federal Reserve Board and in the Clinton administration, have written the first comprehensive analytical history of this important period. They attribute the strong performance ...

The Fabulous Decade: Macroeconomic Lessons from the 1990s 2001, Century Foundation Press, New York, NY

ISBN-13: 9780870784675

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