Growing Up in a Recession: Beliefs and the Macroeconomy
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The views expressed in this paper are those of the authors and do not necessarily represent those of the IMF or its Board of Directors. José Romero provided excellent research assistantship. We thank seminar participants at the Society of Economics and Dynamics (Istanbul), the Society of Labor Economics (New York), LAMES (Rio de Janeiro), Bologna University, the European University Institute, Ente Einaudi (Rome), George Mason University, Harvard University (Labor Seminar), the Kaler group at UCLA, the Kennedy School of Government, IMT at Lucca, IIES at Stockholm, the London School of Economics, Louisiana State University, the Paris School of Economics, the UC at Irvine, the UC at San Diego, McGill University, and the World Bank. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.