The next recession will be a bad one

Jeffrey Frankel interviewed by Tim Phillips, 12 October 2018

In the US, unemployment is at its lowest point for two decades. Wage growth is rising, the economy is growing. Tim Phillips asks Jeffrey Frankel of Harvard University why he worries about the depth of the next recession.

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Topics:  Macroeconomic policy Monetary policy

Jeffrey Frankel

Economist and Professor, Harvard Kennedy School

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CEPR Policy Research