DEEP RECESSIONS, FAST RECOVERIES, AND FINANCIAL CRISES: EVIDENCE FROM THE AMERICAN RECORD.

Do steep recoveries follow deep recessions? Does it matter if a credit crunch or banking panic accompanies the recession? We look at the American historical experience in an attempt to answer these questions. The answers depend on the definition of a financial crisis and on how much of the recovery...

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Publicado en:Economic Inquiry Vol. 55; no. 1; pp. 527 - 542
Autores principales: Bordo, Michael D., Haubrich, Joseph G.
Formato: Artículo
Publicado: Wiley-Blackwell Jan2017
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Acceso en línea:Ver este registro en EBSCOhost