Recent evidence suggests that recessions play a crucial role in promoting automation and the reallocation of productive … resources. Consistent with this, I show that in the three previous Canadian recessions, routine jobs were disproportionately …

than good due to the economic contraction, despite a large literature that finds mortality rates decline during recessions …

, recessions generate long-lasting hysteresis: persistent decreases in the employment-to-population ratio and earnings per capita …

relationship between NPL problems-elevated and unresolved NPLs-and the severity of post-crisis recessions. A machine learning …

In recessions, unemployment increases despite the—perhaps counterintuitive—fact that the number of unemployed workers … unemployment fluctuations resting on this countercyclicality of gross flows from unemployment into employment. In recessions, the … losses from job displacement and from graduating during recessions, and the insensitivity of unemployment to labor market …

This paper studies the predictive power for recessions of the slope of the Swiss term structure using monthly data for … 1974-2017. Dynamic probit models indicate that the term structure contains information useful for predicting recessions for … horizons up to 19 months. Whether the economy is currently in recession or not is also useful for forecasting recessions. These …

Recessions are complex events that affect personal health and behavior via various potentially opposing mechanisms …. While recessions are known to have negative effects on mental health and lead to an increase in suicides, it has been proven … that they reduce mortality rates. A general health policy agenda in relation to recessions remains ambiguous due to the …