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Ireland is one of the countries most severely affected by the Great Recession. National income fell by more than 10 per … crisis, and deep fiscal adjustment. This paper examines the income distribution consequences of the recession, and identifies …, welfare and public sector pay changes over the 2008 to 2012 period gave rise to lower than average losses for the bottom …
Persistent link: https://www.econbiz.de/10009765520
Ireland is one of the countries most severely affected by the Great Recession. National income fell by more than 10 per … crisis, and deep fiscal adjustment. This paper examines the income distribution consequences of the recession, and identifies …, welfare and public sector pay changes over the 2008 to 2012 period gave rise to lower than average losses for the bottom …
Persistent link: https://www.econbiz.de/10009761408
Persistent link: https://www.econbiz.de/10009702950
The slow recovery following the 2008/2009 recession has led to renewed interest in the question whether deep recessions …
Persistent link: https://www.econbiz.de/10010340611
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, the slumps last an average of nine years. If this historical pattern holds, the Great Recession that started in 2007 …
Persistent link: https://www.econbiz.de/10013120102
This paper analyzes the effects of changes in interest rates on the composition of production in ten European countries during the boom period of the 2000s. We find that output elasticity differs across industries and across countries for similar industries. The paper suggests that in the run-up...
Persistent link: https://www.econbiz.de/10012970388