This paper provides a general background on the events that lead to the financial crisis and Great Recession of 2008鈥 2009 in the United States. A strong argument can be made that the origins of the crisis can be traced to a fundamental imbalance between house prices and personal income. ...
The Great Recession of 2007-2009 By Neil Reid, Michael C. Carroll and Xinyue Ye; The Great Recession of 2007-2009 N Reid,MC Carroll,X Ye - 《Economic Development Quarterly》 被引量: 11发表: 2013年 The Great Recession Officially over in 2009, the Great Recession is now generally acknowled...
M.S., Department of Economics, Wright State University, 2012. The Great Recession of 2007-2009: Examining the Presence of a Credit Crunch. This study of the Great Recession of 2007-2009 and the credit crunch phenomenon suggests that there is an ongoing rationing effect on bank loans following...
This study examined the impact of the Great Recession of 2007-2009 on public health insurance enrollment and expenditures in Alabama. Our analysis was designed to provide a framework for other states to conduct similar analyses to better understand the relationship between macroeconomic conditions and ...
Economic Policies for the COVID-19 Pandemic: Lessons from the Great Recession This chapter provides possible policies for overcoming the economic effects of the current COVID-19 pandemic on the light of the mistakes and achievements of the Great Recession (2007鈥 2009). It can be useful to pol...
But the 2007–2009 economic contraction, dubbed "The Great Recession," was the most severe of the ten post-1950 U.S. recessions. This chapter examines the ways in which the Great Crisis led to a severe contraction in aggregate expenditures, output, and employment, thereby exacting a very ...
“The Great Recession,” was the most severe of the ten post-1950 U.S. recessions. This chapter examines the ways in which the Great Crisis led to a severe contraction in aggregate expenditures, output, and employment, thereby exacting a very large price in terms of well-being of the ...
The global economic downturn that began in December 2007 and ended in April 2009 influenced the real estate environment more than any other occurrence. This period of economic turmoil is called theGreat Recession, when many faced unprecedented financial challenges. ...
Third, I will discuss the financial crisis of 2008-2009 and show its difference from the Great Depression in the 1930s. And finally, I will try to critically compare the Great Depression with the Great Recession from a Marxist financial crisis theory....
The Great Recession The subprime mortgage crisis didn't just hurt homeowners, it had a ripple effect on the globaleconomyleading to the Great Recession which lasted between 2007 and 2009.9This was the worst period of economic downturn since the Great Depression.10 ...