The End of the Three Percent Rule: How Structural Changes in the U.S. Economy have Impacted Economic Growth

Using data from government sources (FRED, BEA, BLS), the thesis explores the underlying reasons for declining U.S. economic growth. A long standing trend of annual 3% growth no longer seems to hold true for the economy. The paper summarizes current theory as to why the growth has slowed and finds ne...

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Bibliographic Details
Main Author: Urman, Maxwell J
Format: Others
Published: Scholarship @ Claremont 2017
Subjects:
Online Access:http://scholarship.claremont.edu/cmc_theses/1508
http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=2531&context=cmc_theses