growth stimulus by the state. Some tentative conclusions for the subprime financial crisis and the Great Recession are drawn. …

How far do China’s property prices need to drop in order to send the country into a recession? What does this question … explain how economies (mis)allocate resources during bubbles. A 15%-20% property price drop could cause recession, if China …

a fall in aggregate demand, the worst type of recession in the past. Falls in aggregate demand happen when there are …

We show that household leverage is an early and powerful predictor of the 2007 to 2009 recession. Counties in the U … durable consumption patterns during the recession. Our findings suggest that a focus on household finance may help elucidate …

recession caused by adverse supply shock. It is similar to recessions caused (or aggravated) by post war conversion of defense … (transformational recession). Whereas traditional Keynesian policy (absorption of adverse supply shock by means of expansionary fiscal … East Asian countries that seem to be more successful in overcoming the coronavirus recession provides additional evidence …

Most research on the run-up in home prices before the Great Recession has focused on types of excessive demand … excess demand led to fatalism about the collapse in homebuilding that began in 2006 and the eventual recession and financial … recession and the financial crisis were the result of deliberate contractions of demand—both generally and specifically in …

Fears of deflation and long-term stagnation have become more commonplace since the Great Recession. Yet, within the … paper undertakes a comparative analysis of the experience of both the Great Depression and the Great Recession by looking at … policies during the Great Recession, private sector stabilizers were actually less significant during the recent crisis than …