NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

What Caused the Recession of 2008? Hints from Labor Productivity

Casey Mulligan

NBER Working Paper No. 14729
Issued in February 2009

---- Acknowledgements -----

I appreciate the comments of Gary Becker, Emir Kamenica, Kevin Murphy, Marcus Nunes, and Jesse Shapiro and participants at the January 6, 2009 Money and Banking Workshop at the University of Chicago. I will provide updates on my blog www.panic2008.net. I appreciate the financial support of the George J. Stigler Center for the Study of the Economy and the State. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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