. For this purpose, we categorize regions by their GDP per capita growth in the resistance and recovery phase and then … recovery capacity. In addition, we observe a catch-up effect of regions with at least either an above-average resistance or … recovery compared to regions with both weak resistance and slow recovery. However, we do not find a substantial reorientation …

find that the trough in Europe occurs about 0.17 years later and the recovery (for the countries that have recovered) about … 1.55 years later. Moreover, the duration of the decline in Europe is about 4 months longer and of the recovery about 17 … and duration of the recovery (later and longer). …

macroeconomic instability caused by the recessionary shock of 2008/2009. Using data from 16,166 manufacturing and business services …

The goal of this paper is to provide stylized facts on recovery from economic downturns and to evaluate the role of … macroeconomic policies in promoting recovery. In particular, we examine gross domestic product (GDP) recessions and financial … Development (OECD) economies and 21 developing Asian economies. We find, in general, recovery from a GDP recession in Asian …

find that the trough in Europe occurs about 0.17 years later and the recovery (for the countries that have recovered) about … 1.55 years later. Moreover, the duration of the decline in Europe is about 4 months longer and of the recovery about 17 … and duration of the recovery (later and longer) …

national determinants to constitute the spatial dimension, while we model the temporal dimension through a resistance and a … recovery phase. Utilising hierarchical panel data models for a sample of 22 European countries, we can confirm the presence of …-level interactions and reveal varying, if not opposing directions of influences across the sensitivity and recovery phase. …

that started in 2008, as our shock and then analyze how the NUTS II EU regions differ in their resilience to the crisis in …