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Rhode Island in the Great Recession: factors contributing to its sharp downturn and slow recovery

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  • Mary A. Burke

Abstract

This paper seeks to discover why Rhode Island experienced a more severe downturn during the Great Recession than any other New England state and why it continues to lag other states in the region and the nation as a whole in some measures of labor market health.

Suggested Citation

  • Mary A. Burke, 2014. "Rhode Island in the Great Recession: factors contributing to its sharp downturn and slow recovery," Current Policy Perspectives 14-9, Federal Reserve Bank of Boston.
    • Handle: RePEc:fip:fedbcq:2014_009
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    References listed on IDEAS

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    1. Raven E. Saks & Abigail Wozniak, 2011. "Labor Reallocation over the Business Cycle: New Evidence from Internal Migration," Journal of Labor Economics, University of Chicago Press, vol. 29(4), pages 697-739.
    2. Daron Acemoglu & David Autor & David Dorn & Gordon H. Hanson & Brendan Price, 2016. "Import Competition and the Great US Employment Sag of the 2000s," Journal of Labor Economics, University of Chicago Press, vol. 34(S1), pages 141-198.
    3. Atif Mian & Amir Sufi, 2010. "Household Leverage and the Recession of 2007–09," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 58(1), pages 74-117, August.
    4. Atif Mian & Amir Sufi, 2011. "Household Leverage and the Recession of 2007 to 2009," SBP Research Bulletin, State Bank of Pakistan, Research Department, vol. 7, pages 125-173.
    5. David H. Autor & David Dorn & Gordon H. Hanson, 2015. "Untangling Trade and Technology: Evidence from Local Labour Markets," Economic Journal, Royal Economic Society, vol. 0(584), pages 621-646, May.
    6. Timothy J. Bartik, 1991. "Who Benefits from State and Local Economic Development Policies?," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number wbsle, August.
    7. Kerwin Kofi Charles & Erik Hurst & Matthew J Notowidigdo, 2019. "Housing Booms, Manufacturing Decline and Labour Market Outcomes," The Economic Journal, Royal Economic Society, vol. 129(617), pages 209-248.
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    Cited by:

    1. Mary A. Burke, 2015. "The Rhode Island labor market in recovery: where is the skills gap?," Current Policy Perspectives 15-7, Federal Reserve Bank of Boston.

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    More about this item

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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