IDEAS home Printed from https://ideas.repec.org/a/psl/pslqrr/20097.html
   My bibliography  Save this article

The US economy: weaknesses of the "strong" recovery

Author

Listed:
  • Wymme Godley

    (Levy Economics Institute of Baard College, Annandale-on-Hudson (USA))

  • Alex Izurieta

    (University of Cambridge, CERF – Cambridge Endowment for Research in Finance)

Abstract

Paper originally published in the BNL Quarterly Review, vol. 57 n.229, June 1995, pp 131-139.

Suggested Citation

  • Wymme Godley & Alex Izurieta, 2009. "The US economy: weaknesses of the "strong" recovery," PSL Quarterly Review, Economia civile, vol. 62(248-251), pages 93-101.
    • Handle: RePEc:psl:pslqrr:2009:7
    as

    Download full text from publisher

    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9444/9339
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Wynne Godley, "undated". "Fiscal Policy To The Rescue," Economics Policy Note Archive 01-1, Levy Economics Institute.
    2. Wynne Godley & L. Randall Wray, "undated". "Can Goldilocks Survive?," Economics Policy Note Archive 99-4, Levy Economics Institute.
    3. Wynne Godley, "undated". "Drowning In Debt," Economics Policy Note Archive 00-6, Levy Economics Institute.
    4. Wynne Godley & Alex Izurieta, 2001. "The Developing U.S. Recession and Guidelines for Policy," Economics Strategic Analysis Archive 01-10, Levy Economics Institute.
    5. Wynne Godley, "undated". "Kick-Start Strategy Fails to Fire Sputtering U.S. Economic Motor," Economics Policy Note Archive 02-1, Levy Economics Institute.
    6. Wynne Godley & Bill Martin, "undated". "How Negative Can U.S. Saving Get?," Economics Policy Note Archive 99-1, Levy Economics Institute.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alessandro Roncaglia, 2010. "Economic policy dilemmas in front of the crisis," PSL Quarterly Review, Economia civile, vol. 63(254), pages 181-185.
    2. Alessandro Roncaglia, 2009. "Rule, instability and crisis," PSL Quarterly Review, Economia civile, vol. 62(248-251), pages 3-13.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wynne Godley & Alex Izurieta, 2004. "The US economy: weakness of the "strong" recovery," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 57(229), pages 131-139.
    2. Wynne Godley & Alex Izurieta, 2004. "The US economy: weakness of the "strong" recovery," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 57(229), pages 131-139.
    3. Alex Izurieta & Terry McKinley, 2006. "Addressing Global Imbalances: A Development-Oriented Policy Agenda," Working Papers 23, International Policy Centre for Inclusive Growth.
    4. Wynne Godley & Alex Izurieta, 2004. "L' economia statunitense: debolezze della ÒforteÓ ripresa," Moneta e Credito, Economia civile, vol. 57(226), pages 151-160.
    5. Jorg Bibow, 2004. "Fiscal Consolidation: Contrasting Strategies & Lessons From International Experiences," Economics Working Paper Archive wp_400, Levy Economics Institute.
    6. Caiani, Alessandro & Godin, Antoine & Caverzasi, Eugenio & Gallegati, Mauro & Kinsella, Stephen & Stiglitz, Joseph E., 2016. "Agent based-stock flow consistent macroeconomics: Towards a benchmark model," Journal of Economic Dynamics and Control, Elsevier, vol. 69(C), pages 375-408.
    7. Zdravka Todorova, 2013. "Connecting social provisioning and functional finance in a post-Keynesian–Institutional analysis of the public sector," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 10(1), pages 61-75.
    8. Wynne Godley & Alex Izurieta, 2001. "As The Implosion Begins . . .? Prospects and Policies for the U.S. Economy: A Strategic View," Economics Strategic Analysis Archive 01-7, Levy Economics Institute.
    9. L. Randall Wray & Marc-André Pigeon, 2000. "Can a Rising Tide Raise All Boats? Evidence from the Clinton-Era Expansion," Journal of Economic Issues, Taylor & Francis Journals, vol. 34(4), pages 811-845, December.
    10. John Harvey, 2010. "Keynes’ Business Cycle: Animal Spirits and Crisis," Working Papers 201003, Texas Christian University, Department of Economics.
    11. Pitrou, Cyril, 2015. "Graph representation of balance sheets: from exogenous to endogenous money," MPRA Paper 63662, University Library of Munich, Germany.
    12. Mario Seccareccia, 2005. "Growing Household Indebtedness and the Plummeting Saving Rate in Canada: An Explanatory Note," The Economic and Labour Relations Review, , vol. 16(1), pages 133-151, July.
    13. Jorg Bibow, 2001. "Making EMU Work: Some lessons from the 1990s," International Review of Applied Economics, Taylor & Francis Journals, vol. 15(3), pages 233-259.
    14. Philip Arestis & Malcolm Sawyer, 2006. "The Case for Fiscal Policy," Palgrave Macmillan Books, in: Philip Arestis & Jesus Ferreiro & Felipe Serrano (ed.), Financial Developments in National and International Markets, chapter 6, pages 103-117, Palgrave Macmillan.
    15. Thomas I. Palley, "undated". "Contradictions Coming Home to Roost? Income Distribution and the Return of the Aggregate Demand Problem," Economics Working Paper Archive wp_332, Levy Economics Institute.
    16. Dimitri B. Papadimitriou & L. Randall Wray, "undated". "Are We All Keynesians (Again)?," Economics Policy Note Archive 01-10, Levy Economics Institute.
    17. L. Randall Wray, 2012. "Global Financial Crisis: A Minskyan Interpretation of the Causes, the Fed's Bailout, and the Future," Economics Working Paper Archive wp_711, Levy Economics Institute.
    18. Anis Chowdhury & Iyanatul Islam, 2012. "The Debate on Expansionary Fiscal Consolidation: How Robust is the Evidence?," The Economic and Labour Relations Review, , vol. 23(3), pages 13-38, September.
    19. Scott T. Fullwiler, 2016. "The Debt Ratio and Sustainable Macroeconomic Policy," World Economic Review, World Economics Association, vol. 2016(7), pages 12-42, July.
    20. Thomas I. Palley, 2009. "After the Bust: The Outlook for Macroeconomics and Macroeconomic Policy," Economics Public Policy Brief Archive ppb_97, Levy Economics Institute.

    More about this item

    Keywords

    Financial Crisis; Sustainability; Public Debt; Private Debt;
    All these keywords.

    JEL classification:

    • F3 - International Economics - - International Finance
    • G1 - Financial Economics - - General Financial Markets
    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:psl:pslqrr:2009:7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Carlo D'Ippoliti (email available below). General contact details of provider: http://www.economiacivile.it .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.