Posts Tagged ‘business cycle’

  • CEPR not sure if recession phase of business cycle has ended in euro area

    The Reason That Recession Dates Matter

    Jun 20, 14 • 326 Views • Businesses, Economic Debates, Economic Growth, Economic History, Government, Labor, Macroeconomic Measurement, Money and Monetary Policy, RegulationNo Comments

    Asked to define a recession, you can give the mechanical answer. It is 2 or more adjacent quarters of a real GDP decline. So, if Q1 GDP grows by 3%, Q2 by 2% and then Q3 by 1%, is that a recession? (I always use that as a tricky quiz question.) No, it is not

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    More On Unemployment

    Oct 11, 10 • 183 Views • Labor, Macroeconomic MeasurementNo Comments

    These are great graphs! In just a minute or 2, through a series from The Washington Post, you can understand our employment problems. Our starting point is potential output during the past decade. We see how much we could have produced if our land, labor, and

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    It’s Official

    Sep 21, 10 • 209 Views • Economic History, Macroeconomic MeasurementNo Comments

    We now know when the recession officially ended. But I still wonder whether we are moving along a “V”, a “U”, a “W” or an “L”. According to the National Bureau of Economic Research (NBER), the recession began

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    Big and Little Worries

    Feb 27, 10 • 201 Views • Thinking EconomicallyNo Comments

    1.  Sovereign debt: Contemplating big worries, I could place sovereign debt at the top of the the list. Should we currently be concerned about Greece, Spain and other EU nations with excessive obligations?  Beyond, should we be focusing on the U.K.