Polzehl, J¨org; Spokoiny, Vladimir; Sta˘rica˘, Ca˘ta˘lin: When Did the 2001 Recession Really Start ?, Preprint (2004)Polzehl, J., V. Spokoiny and C. Sta1/4rica1/4 (2004), When Did the 2001 Recession Really Start?, working paper....
The [yield] curve was extremely flat during the second half of the 1990s, a stretch of high growth. Only late in that period did the yield curve invert, finally foreshadowing the 2000 recession. Here this fellow points out the true bugaboo — the inverted yield curve — when short-term ra...
When the US index peaked at around 175 in 2006, the UK index was at around 195. It still is, even as the US index dropped back to 120. Yes, there was a small decline in UK prices during the steep 2009 recession, but what would you expect a rational, non-bubblicious market to do ...
Inflation is the term used to describe thedrop of a currency's purchasing powerover time. As such, one unit of currency buys less than it did before inflationary pressures hit the economy.Unemploymentis the situation that economists refer to when the number of jobless people who ...
Finally, in 1966, Congress passed the Uniform Time Act, which standardized daylight saving across the country and established its start and end times in April and October (later changed to March and November in 2007). So, when do we "fall back" and return to Standard Time here in Michigan...
The union's new contracts not only make up for pay cuts workers took more than 15 years ago during the great recession; they provide a foothold for the union in Detroit's electric vehicle future. Ford CEO Jim Farley recently warned the contracts will have "a business impact" on the au...
This expert’s credit score dropped to 547 during the last recession, and she used her bare-bones 'noodle' budget to get back on her feet You're allowed to be in debt While you shouldn't necessarily aspire to be in debt, it's important to remember that you are allowed to borrow mone...
When the economy goes into a recession the real GDP falls and unemployment rises. During a recession, less output is created. The real GDP is a...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a questi...
We’ll start by looking back at 2020 to understand why that downturn was different. Then we’ll review the research on the Great Recession and offer some ideas about how US management teams can put the findings to work.2020 was different...
Elsewhere, employment has been cited as one of the strong points of the economy. Companies have been hiring and creating jobs by the millions since the Great Recession, bringing total “non-farm employment,” as defined by the Bureau of Labor Statistics, from a low of 129.7 million in Februa...