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How Much Do We Understand about the Modern Recession?

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  • Robert E. Hall

    (Stanford University)

Abstract

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Suggested Citation

  • Robert E. Hall, 2007. "How Much Do We Understand about the Modern Recession?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 38(2), pages 13-30.
    • Handle: RePEc:bin:bpeajo:v:38:y:2007:i:2007-2:p:13-30
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    File URL: https://www.brookings.edu/wp-content/uploads/2007/09/2007b_bpea_hall2.pdf
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    References listed on IDEAS

    as
    1. Christopher A. Pissarides, 2000. "Equilibrium Unemployment Theory, 2nd Edition," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262161877, December.
    2. Robert Shimer, 2005. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies," American Economic Review, American Economic Association, vol. 95(1), pages 25-49, March.
    3. Abraham, Katharine G & Katz, Lawrence F, 1986. "Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 507-522, June.
    4. Lawrence J. Christiano & Martin Eichenbaum & Charles L. Evans, 2005. "Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy," Journal of Political Economy, University of Chicago Press, vol. 113(1), pages 1-45, February.
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    Citations

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    Cited by:

    1. Yashiv, Eran, 2011. "The Joint Behavior of Hiring and Investment," CEPR Discussion Papers 8237, C.E.P.R. Discussion Papers.
    2. Christian Dudel & Mikko Myrskylä, 2016. "Recent trends in US working life expectancy at age 50 by gender, education, and race/ethnicity and the impact of the Great Recession," MPIDR Working Papers WP-2016-006, Max Planck Institute for Demographic Research, Rostock, Germany.
    3. Jordi Galí & Thijs van Rens, 2021. "The Vanishing Procyclicality of Labour Productivity [Why have business cycle fluctuations become less volatile?]," The Economic Journal, Royal Economic Society, vol. 131(633), pages 302-326.
    4. Michael W. L. Elsby & Bart Hobijn & Aysegul Sahin, 2010. "The Labor Market in the Great Recession," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 41(1 (Spring), pages 1-69.
    5. Romar Correa, 2010. "Regime-Changes in a Stock-Flow-Consistent Model," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 8(1), pages 24-33.
    6. Joshua Brault & Hashmat Khan, 2020. "The Shifts In Lead‐Lag Properties Of The U.S. Business Cycle," Economic Inquiry, Western Economic Association International, vol. 58(1), pages 319-334, January.
    7. Yashiv, Eran, "undated". "Capital Values, Job Values and the Joint Behavior of Hiring and Investment," Foerder Institute for Economic Research Working Papers 275799, Tel-Aviv University > Foerder Institute for Economic Research.
    8. Allen Sinai, 2010. "The Business Cycle in a Changing Economy: Conceptualization, Measurement, Dating," American Economic Review, American Economic Association, vol. 100(2), pages 25-29, May.
    9. Yashiv, Eran, 2015. "Capital values and job values," LSE Research Online Documents on Economics 86323, London School of Economics and Political Science, LSE Library.
    10. Cazes, Sandrine., 2009. "Labour market policies in times of crisis," ILO Working Papers 994341633402676, International Labour Organization.
    11. Sawng, Yeong-wha & Kim, Pang-ryong & Park, JiYoung, 2021. "ICT investment and GDP growth: Causality analysis for the case of Korea," Telecommunications Policy, Elsevier, vol. 45(7).
    12. Eran Yashiv, 2016. "Capital Values and Job Values," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 190-209, January.
    13. Stijn Claessens & M. Ayhan Kose & Marco E. Terrones, 2009. "What happens during recessions, crunches and busts? [Business cycles for G-7 and European countries]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 24(60), pages 653-700.
    14. Yashiv, Eran, 2012. "Frictions and the Joint Behavior of Hiring and Investment," IZA Discussion Papers 6636, IZA Network @ LISER.
    15. Christian Dudel & Mikko Myrskylä, 2017. "Working Life Expectancy at Age 50 in the United States and the Impact of the Great Recession," Demography, Springer;Population Association of America (PAA), vol. 54(6), pages 2101-2123, December.
    16. Braun, Christine & Kydland, Finn & Rupert, Peter, 2024. "Quality hours: Measuring labor input," Labour Economics, Elsevier, vol. 88(C).
    17. George M. von Furstenberg, 2009. "Policy Responses during the Depth of the 2007-09 Financial Crisis: Instrument Innovations, Executive Reconfigurations, and Legacies for U.S. Governance," CAEPR Working Papers 2009-007, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    18. repec:ilo:ilowps:434163 is not listed on IDEAS
    19. Martha L. Olney & Aaron Pacitti, 2017. "The Rise Of Services, Deindustrialization, And The Length Of Economic Recovery," Economic Inquiry, Western Economic Association International, vol. 55(4), pages 1625-1647, October.

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