in export volumes during the crisis. The recession also induced a missing generation of exporters, with large increases …The collapse of international trade surrounding the Great Recession has garnered significant attention. This paper … studies firm entry and exit in foreign markets and their role in the post-recession recovery of U.S. exports using …

booms. Counterfactual simulations lead to the identification of a novel "economic policy uncertainty spillovers channel …

.S. nonfarm business sectors during the Great Recession, andevaluates the cross-sectoral spillovers. Shocks are identified by … dynamic factor methods. Wefind that the Great Recession is largely a time of heightened impact of common shocks-which accounts … for 3/4 of aggregate volatility-and large spillovers of negative financerelatedshocks. Moreover, in contrast with the …

of the universe of over 200 recession episodes in 14 advanced countries between 1870 and 2008, we document two key facts … of the modern business cycle: financial-crisis recessions are more costly than normal recessions in terms of lost output …; and for both types of recession, more credit-intensive expansions tend to be followed by deeper recessions and slower …

of the universe of over 200 recession episodes in 14 advanced countries between 1870 and 2008, we document two key facts … of the modern business cycle: financial-crisis recessions are more costly than normal recessions in terms of lost output …; and for both types of recession, more credit-intensive expansions tend to be followed by deeper recessions and slower …

The paper discusses the question if the global economy already entered a phase of a global recession. This is based on … the IMF definition that a global recession occurs if global real GDP growth falls below 3%. Taking actual GDP numbers for … the current global recession gets worse in the coming year. It is not only China which has a fragile economic environment …

and living environment. In this paper we ask whether the recent financial market crisis has caused a deterioration of … and different consequences of the crisis for the labour market. For our analysis we use data from the German Socio … 2006, the year before the financial crisis started. This could be due to the largely different employment structures in …