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在可预见的未来,美国经济在上世纪90年代令人惊艳的繁荣很有可能成为衡量经济好坏的标准。那时,美国平均经济增长率达到4%,失业率降到了4.1%,而平均通胀率仅2.9%。美国经济为什么会发生“高就业、高增长和低通胀”如此奇妙的事情?人们是否可期待此种经济转好能持续下去?最为关键的是,人们应从那段历史时期中汲取哪些经验和教训?由美联储历史上第一位女掌门人珍妮特·耶伦(Janet L.Yellen)和普林斯顿经济政策研究中心创始人艾伦·布林德(Alan S.Blinder)合著的《令人惊艳的十年:二十世纪九十年代的宏观经济经验与教训》,用大量计量模型、历史沿革以及理论框架纵横理
For the foreseeable future, the stunning boom of the U.S. economy in the 1990s is likely to be the measure of economic well-being. At that time, the average U.S. economic growth rate reached 4%, the unemployment rate dropped to 4.1%, and the average inflation rate was only 2.9%. Why such a wonderful thing as “high employment, high growth and low inflation” in the U.S. economy? Can one expect such an economy to continue? What is most crucial is the experience people should draw from that period of history And Lessons? By the Federal Reserve history’s first female head Janet Yellen (Janet L. Yelen) and Princeton Economic Policy Research Center founder Alan B. Blinder (Alan S. Blinder) “Order Amazing Ten Years: Macroeconomic Experiences and Lessons from the 1990s ”, Using Massive Econometric Models, Historical Evolution, and Theoretical Framework