HKS Affiliated Authors

Additional Authors:

  • Kenneth Rogoff

Excerpt

This Time is Different, Again? The US Five Years after the Onset of Subprime. Carmen Reinhart, Kenneth Rogoff, October 22, 2012, Paper. "The strength of the US recovery has become a political issue in the presidential election. The US is doing better than other advanced economies, but famous economists associated with the Romney campaign claim this is not good enough. The US, they argue, is different. Here, the masters of the 'this time is different' research genre – Carmen Reinhart and Ken Rogoff – argue that US historical performance is not different when it is properly measured, so the economy’s performance is better than expected..." Link