which are typically followed by deeper recessions and slower recoveries. Housing finance has come to play a central role in …

In recessions, unemployment increases despite the - perhaps counterintuitive - fact that the number of unemployed … recessions, the abundance of new hires "congests" the jobs the unemployed fill, diminishes their marginal product and discourages … excess earnings losses from job displacement and from graduating during recessions, and the insensitivity of unemployment to …

Nine U.S. recessions and three expansions are analyzed in this paper using a structural macroeconometric model. With …

-stage startups, whose innovation in recessions is relatively less cited, less original, less general, and less related to fundamental …