great recessionmacroeconomic policyuniversal employmentThis paper reassesses themes developed in the authors' Economic Abundance: An Introduction (Dugger and Peach 2009) in the context of the so-called "Great Recession." In this paper, we make several arguments. First, there is always a substantial ...
Bosworth B, (2012) “Economic Consequences of the Great Recession: Evidence from the Panel of Income Dynamics”, Center for Retirement Research, Working PaperBosworth B P. Economic consequences of the great recession: Evidence from the panel study of income dynamics. Center of Retirement Research ...
To employ the most hackneyed metaphor of the recent financial meltdown, we are only in the first inning of municipal deflation in the United States. This has not gained much attention in the recovery vs. recession debate. Yet, states and municipalities spend around twice as much money as the...
This article takes advantage of access to confidential matched bank-firm data relative to the Belgian economy to investigate how employment decisions of small- and medium-sized enterprises (SMEs) have been affected by credit constraints in the wake of the Great Recession. Variability in banks' ...
In some cases, this was a result of wars and their costs. More recently, public debts have grown as a result of stimulus programs designed to help lift economies out of the Great Recession.2 Thestress testsand updated regulations for insurers essentially force these institutions to buy more sa...
What are the consequences of a recession?Business CycleThe business cycle is also referred to as the trade cycle and economic cycle. The continuous fluctuation arising in the economy is called the business cycle. The fluctuations occur as a result of both non-economic and economic factors. Non-...
Because of the onset of the Great Recession, which caused tax revenue to dramatically fall by roughly 11% in FY 2008-09, we used FY 2009-10 as the baseline for the pre- tax reform period. The tax reforms were passed in 2013 and largely went into effect on Jan. 1, 2014, so th...
The possible nexus between economic crises and what Marx and Hilferding referred to as “centralisation” of capital is one of the themes raised by the “great recession”. The article reviews the main studies devoted to such a nexus, comparing the Marxist and mainstream economic literature. A...
If the government remains dormant toward this issue, college students 20 years from now, will be burdened with an even larger amount of debt. 1555 Words 7 Pages Better Essays Read More College Debt: The Great Recession College debt has risen significantly since “The Great Recession” in 2009...
Over the last decade, the global economy has faced the deepest recession since the Great Depression. For Russian companies, the recession has been aggravated by the complicated geopolitical situation. Previous research has focused primarily on the macroeconomic consequences of the recession today, while...