Abrahamsen, Y; Aeppli, R; Atukeren, E; Graff, M; Muller, C - 2005
This paper investigates the claim made by Kehoe and Prescott [2002. Great depressions of the 20th century. Review of Economic Dynamics 5(1), 1-18] that Switzerland and New Zealand experienced "great depressions" in the last two decades. We question the appropriateness of the measure used by...