“Documenting Decline in U.S. Economic Mobility,” Science, April 24. Koo, Kyong Hyun (2016). “The Evolution of Earnings Volatility during and after the Great Recession,” Industrial Relations, vol. 55 (October), pp. 705-32. Looney, Adam, and Constantine Yannelis (2015). “A Crisis in Student Loans?
Although most indicators show that the decline in the real economy had bottomed out in the first half of 2009, consumers were, until the third quarter of 2009, still somewhat pessimistic about the prospects for future performance of the economy and its impact on their finances.