Regime Uncertainty and the Great Recession: A Market-Process Approach

Reprint No. 2016:20

Author(s): Wolf von Laer and Adam G. MartinYear: 2016 Title: Independent Review Volume (No.): 20 (4) Pages: 547–568

Regime Uncertainty and the Great Recession: A Market-Process Approach Wolf von Laer and Adam G. Martin

Uncertainty triggered by government policy may have played a large role in the U.S. economy’s slow recovery from the Great Recession. Whether or not it is the leading cause of the sluggishness, regime uncertainty is a powerful idea that adds nuance to the theory of market process.

von Laer, Wolf and Adam G. Martin (2016), "Regime Uncertainty and the Great Recession: A Market-Process Approach". Independent Review 20(4), 547–568.

Interdisciplinary European Studies

The European Union and the Return of the Nation State


This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

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