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Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record

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NBER2012-06-01 更新2025-01-04 收录
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Do steep recoveries follow deep recessions? Does it matter if a credit crunch or banking panic accompanies the recession? Moreover does it matter if the recession is associated with a housing bust? We look at the American historical experience in an attempt to answer these questions. The answers

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2012-06-01
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