Facts and Challenges from the Great Recession for Forecasting and Macroeconomic Modeling
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This paper provides a survey of business cycle facts, updated to take account of recent data. Emphasis is given to the Great Recession which was unlike most other post-war recessions in the US in being driven by deleveraging and financial market factors. We document how recessions with financial
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美国国家经济研究局创建时间：
2013-09-01
