programs in a pandemic recession. We calibrate the stationary equilibrium and the pandemic shock to the U.S. economy, taking …

sustainability ; balance sheet recession …

of the U.S. economy before and after the Great Recession. In a DSGE model with endogenous growth, negative demand shocks … deep and persistent enough, like during the Great Recession, they call for a downward revision of potential output measures … Recession, as well as the V-shaped recoveries that followed the oil shock recessions. …

We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence … of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working …

Recession, the primary determinant of the U.S. economic contraction in early 2020 was a sharp drop in domestic demand. Although …