GREAT Recession, 2008-2013LIFE expectancyBUSINESS cyclesMORTALITYDEVELOPED countriesSome European countries, such as Greece and Spain, were severely hit by the 2008 economic crisis whereas others, such as Germany, were practically spared by it. This divergence allowed us to implement a difference in ...
”at the Federal Reserve Bank of Boston Conference on the“Long-Term Effects of the Great Recession,”and summarized the results in anEconbrowser post. The focus of the paper was to show that, while severe recessions associated with financial crises generally did not cause...
What are the effects of labor market policies when the economy is sliding into a deep recession? We show that public announcements asking firms not to cut ... J Roulleau鈥恜Asdeloup,A Zhutova 被引量: 0发表: 2022年 The short- and long-term effects of the Great Recession on late-life...
The article discusses the effects of policy decisions related to the management of the European debt crisis on long-term government bond yields in seven euro area countries. According to the results, some of the policy decisions have had... J Kilponen,H Laakkonen,J Vilmunen - https://held...
Main Effects of Long-Term Unemployment Being unemployed for six months to a year will almost always strain personal finances. A Pew Research study about the Great Recession found that recession affects the long-term unemployed worse than others in the areas of personal relationships, career plans,...
doi:10.2139/ssrn.3762887Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At itsShambaugh, JayStrain, Michael R.Social Science Electronic Publishing...
Besides the fact that financial crises last longer and are succeeded by slower recoveries, and apart from the hysteresis effects that may operate after episodes of long-term unemployment, the combination of high (public and private) debt and low population and productivity growth may create ...
While it is largely understood that birth rates plummet when unemployment rates soar, the long-term effects have never been clear. Now, new research from Princeton University's Woodrow Wilson School of Public and International Affairs shows that recessio
We analyze whether there are negative (positive) long-term effects of austerity measures (stimulus measures) on potential output growth. Based on the approach of Blanchard and Leigh (2013) and Fatás and Summers (2016) and using a novel dataset of narratively identified fiscal policy shocks, we...
October 6, 2022Ohio’s economy, like so many in the Midwest and elsewhere, was struggling after the Great Recession. With the evisceration of manufacturing jobs, it needed a major transformation. In 2011, the state had a novel idea. Using profits from the beverage industry, Ohio...