wow-inequalities/02-data/intermediate/wos_sample/ffe35d207b47546a55dead38d5e8134a-appelbaum-eileen/info.yaml

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2023-09-28 14:46:10 +00:00
abstract: 'The increase in income inequality and household debt of middle- and
lower-income households in the USA over several decades led to
increasingly fragile financial institutions and set the stage for the
most serious recession in the last 60 years. The proximate cause of the
economic crisis was the collapse of the housing bubble that caused both
the recession that began at the end of 2007 and the financial crisis
that erupted in 2008. The drop in GDP in the USA, while steep, was not
more severe than in most of the other OECD countries and the
macroeconomic policy response was better. Yet the increase in the US
unemployment rate was among the steepest. This article examines this
failure of US labour market institutions to respond to these policy
initiatives and the implications of the analysis for economic policy.'
affiliation: 'Appelbaum, E (Corresponding Author), Ctr Econ \& Policy Res, 1611 Connecticut
Ave NW,Suite 400, Washington, DC 20009 USA.
Ctr Econ \& Policy Res, Washington, DC 20009 USA.'
author: Appelbaum, Eileen
author-email: appelbaum@cepr.net
author_list:
- family: Appelbaum
given: Eileen
da: '2023-09-28'
doi: 10.1177/0950017011419711
eissn: 1469-8722
files: []
issn: 0950-0170
journal: WORK EMPLOYMENT AND SOCIETY
keywords: economic policy; inequality; recession; unemployment
keywords-plus: WAGE INEQUALITY; UNITED-STATES; UNEMPLOYMENT; OECD
language: English
month: DEC
number: '4'
number-of-cited-references: '55'
pages: 596-610
papis_id: 8281616543003609b1acaa459a34c820
ref: Appelbaum2011macroeconomicpolicy
times-cited: '11'
title: Macroeconomic policy, labour market institutions and employment outcomes
2023-10-01 08:15:07 +00:00
type: article
2023-09-28 14:46:10 +00:00
unique-id: WOS:000298655200002
usage-count-last-180-days: '0'
usage-count-since-2013: '24'
volume: '25'
web-of-science-categories: Economics; Industrial Relations \& Labor; Sociology
year: '2011'