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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 …
Persistent link: https://www.econbiz.de/10011283446
The state’s involvement in the management of social problems has followed a windy road during the last century, from the classical liberal laissez-faire to stressed and all-encompassing interventionism. The state’s action or non-action in relation to the regulating mechanisms of the social...
Persistent link: https://www.econbiz.de/10009145937
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 …
Persistent link: https://www.econbiz.de/10010507483
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 …
Persistent link: https://www.econbiz.de/10008522665
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 the Asian …
Persistent link: https://www.econbiz.de/10010594305
Persistent link: https://www.econbiz.de/10010334867
What is the likelihood that the U.S. will experience a devastating catastrophic event over the next few decades – something that would substantially reduce the capital stock, GDP and wealth? What does the possibility of such an event imply for the behavior of economic variables such as...
Persistent link: https://www.econbiz.de/10003889027
This paper compares the depth of the Recent Crisis and the Great Depression. We use a new data set to compare the drop in activity in the industrialized countries for seven activity indicators. This is done under the assumption that the Recent Crisis leveled off in mid-2009 for production and...
Persistent link: https://www.econbiz.de/10003933133
the recession of 1937–38; 1933’s National Industrial Recovery Act was badly flawed and poorly administered, and the help … provided by the National Labor Relations Act of 1935 came too late to have a big effect on the recovery. -- New Deal ; Public …
Persistent link: https://www.econbiz.de/10003943101
This paper compares the depth of the recent crisis and the Great Depression. We use a new data set to compare the drop in activity in the industrialized countries for seven activity indicators. This is done under the assumption that the recent crisis leveled off in mid-2009 for production and...
Persistent link: https://www.econbiz.de/10003966054