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....
Now that COVID-era distortions have moved through the economy, we believe it is time to start trusting the indicators again. Over the last few years, we experienced a huge exogenous shock followed by unprecedented stimulus into a supply-side constrained economy. Traditional recession signals like ...
Interesting Times for Top Banker; When Mike Mullaney Accepted One of the Top Jobs in North East Banking in 2007 Little Did He Know the World of Finance Was Set to Be Propelled to Global Attention. but as Peter McCusker Discovers, Mullaney and His Team Are Confident They Are Going from ...
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...
June 18, 2020— The Business Cycle Dating Committee of theNational Bureau of Economic Research declaredon June 9 that US economic activity had peaked in February 2020, formally marking the start of the recession. We all knew about the recession already and even the likely date when it started...
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...
14.Thekeytothefutureofindustrymayliein“flexingupanddown”oftheworkforce.17.TheUKgovernmentofferedfinancialassistancetoSlivers-of-Timesoastodecreasetheunemploymentrate.20.Themovementtowardsextremelyflexibleworking,acceleratedbytherecession,isalong-termtrend.TheStartofHighSchoolDoesn'tHavetoBeStressfulA)Thismonth,...
How did the crisis affect you? Please describe both negative and positive effects of the crisis on your firm (e.g. turnover, number of employees, customer base etc.) What did you do during the crisis to be more successful (e.g. try to reduce costs, increase revenues, adjust products…...
We did so because we believed it represented a pragmatic way to address the very problems that were transfix- ing the world. After just a year, it is clear that our belief was correct. The idea of "smarter systems" is resonating with decision-makers in both the private and public sectors...
During the great recession of 2007-2009, did the US government take a page of the Keynesian macro theory to help move the country out of recession? What did they create? Did it work? What's the difference between Keynesian and supply-side economics?