Results 21 to 30 of about 21,932 (303)
Unemployment in the Great Recession [PDF]
This paper studies the responses of unemployment in Germany, the USA and the UK to the Great Recession of 2008–9 using Beveridge curve analysis, and in the entire OECD using other techniques. It is shown that the UK suffered from recession but no structural problems; the USA suffered from structural unemployment during the recovery; Germany exhibited a
Pissarides, Christopher A. +1 more
openaire +5 more sources
Reconstructing the Great Recession [PDF]
This article uses dynamic equilibrium input-output models to evaluate the contribution of the construction sector to the Great Recession and the expansion preceeding it. Through production interlinkages and demand complementarities, shifts in housing demand can propagate to other economic sectors and generate a large and sustained aggregate cycle.
Michele Boldrin +3 more
openaire +6 more sources
The Geography of the Great Recession [PDF]
This paper documents, using county level data, some geographical features of the US business cycle over the past 30 years, with particular focus on the Great Recession. It shows that county level unemployment rates are spatially dispersed and spatially correlated, and documents how these characteristics evolve during recessions. It then shows that some
Alessandra Fogli +2 more
openaire +4 more sources
Uncertainty and the Great Recession [PDF]
AbstractHas heightened uncertainty been a major contributor to the Great Recession and the slow recovery in the United States? To answer this question, we identify exogenous changes in six uncertainty proxies and quantify their contributions to GDP growth and the unemployment rate. The answer is no.
Born, Benjamin +2 more
openaire +3 more sources
Rare Shocks, Great Recessions [PDF]
SUMMARYWe estimate a DSGE (dynamic stochastic general equilibrium) model where rare large shocks can occur, by replacing the commonly used Gaussian assumption with a Student's t‐distribution. Results from the Smets and Wouters (American Economic Review 2007; 97: 586–606) model estimated on the usual set of macroeconomic time series over the 1964–2011 ...
Vasco Cúrdia +2 more
openalex +8 more sources
Inflation Dynamics and the Great Recession [PDF]
This paper examines inflation dynamics in the United States since 1960, with a particular focus on the Great Recession. A puzzle emerges when Phillips curves estimated over 1960–2007 are used to predict inflation over 2008–10: inflation should have fallen by more than it did. We resolve this puzzle with two modifications of the Phillips curve, both
Laurence Ball +5 more
openaire +9 more sources
The struggle for a new labor regime: The US
This essay examines the American labor movement since the 2008 economic crisis. I begin with a brief review of the structural, institutional, and organizational conditions for labor before the crisis, including changes in employment and the labor force ...
Chris Rhomberg
doaj +1 more source
Assets among low-income families in the Great Recession. [PDF]
This paper examines the association between the Great Recession and real assets among families with young children. Real assets such as homes and cars are key indicators of economic well-being that may be especially valuable to low-income families. Using
Valentina Duque +2 more
doaj +1 more source
Informal Care and the Great Recession [PDF]
CINCH working paper series, vol.
Costa-Font, Joan +2 more
openaire +9 more sources
In an increasingly globalized world, anti-immigrant sentiment has become more prevalent. Competitive threat theory suggests that anti-immigrant attitudes increase when adverse economic circumstances intensify competition with immigrants for scarce ...
Joonghyun Kwak, Michael Wallace
doaj +1 more source

