Lee, Kevin; Shields, Kalvinder K. - In: The North American Journal of Economics and Finance 22 (2011) 1, pp. 43-60
Defining a recessionary event as one which impacts adversely on individuals' economic well-being, the paper argues that recession is a multi-faceted phenomenon whose meaning differs from person to person as it impacts on their decision-making in real time. It argues that recession is best...