hysteresis
6 episodes mention this concept
NewEconomicThinkingMar 27, 2024Hysteresis and the Economic Impact of Recessions: A Comparison of the Great Recession and COVID-19
EconomicsHysteresisPath dependenceGreat RecessionCOVID-19 Recession
NewEconomicThinkingMar 4, 2021The Pandemic's Unmasking: Systemic Failures, Eroding Trust, and the Path to a New Economic Thinking
EconomicsStatus quo anteHysteresis effectsAuthoritarian demagogueAnti-intellectualism
NewEconomicThinkingAug 23, 2020Adair Turner on the COVID-19 Crisis: A Supply-Side Shock, Policy Responses, and its Implications for Trust in Expertise and Climate Change
EconomicsSupply-side shockDemand-side collapseFiscal stimulusAggregate demand
NewEconomicThinkingJun 16, 2020Reevaluating the US Policy Response to the COVID-19 Pandemic: Failures, Lessons, and Future Directions
EconomicsSupply-side shockDemand-side shockV-shaped recoveryU-shaped recovery
NewEconomicThinkingDec 12, 2017The Future of the Eurozone: Addressing Imbalances and Structural Flaws
EconomicsCurrent account imbalancesStructural surplusMacroeconomic imbalance procedure (MIP)Unit labor costs (ULC)
NewEconomicThinkingNov 16, 2017A Decade of Stagnation: Challenging Conventional Economic Wisdom with Demand-Side Explanations
Economicsautonomous demand expansionspersistent effectspotential outputequilibrium output
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Related concepts
Concepts that appear alongside hysteresis across episodes.
- potential output
- fiscal consolidations
- household demand
- aggregate demand shocks
- great recession
- zero bound
- keynesian principle of effective demand
- hartz reforms
- fiscal capacity
- new keynesian models
- unit labor costs (ulc)
- demand formation
- private debt deleveraging
- macroeconomic imbalance procedure (mip)
- monetary policy frame (one-size-fits-all)
- austerity policies
- autonomous demand expansions
- excess mortality
- labor force participation rate
- underutilization of resources