After the Fall: Rebuilding Family Balance Sheets, Rebuilding the Economy

May 22, 2013

Ray Boshara, senior adviser and director of the St. Louis Fed's Center for Household Financial Stability and William Emmons, assistant vice president and the Center's chief economist, explored the lingering damage to household financial stability caused by the Great Recession of 2007-2009. They examined why some families are recovering faster than others and how the financial health of every family matters for the macro-economic performance and stability of the entire country.

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