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What is a recession?

Author

Listed:
  • Klaus Abberger
  • Wolfgang Nierhaus

Abstract

Is the German economy facing a recession? This is the question that is currently being discussed often in the media. But what is a recession in reality? This is ultimately a question of definition and is unfortunately not unambiguously answered in the academic literature and in practice. The authors discuss some of the definitions of a recession.

Suggested Citation

  • Klaus Abberger & Wolfgang Nierhaus, 2008. "What is a recession?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(14), pages 44-45, July.
    • Handle: RePEc:ces:ifosdt:v:61:y:2008:i:14:p:44-45
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    File URL: https://www.ifo.de/DocDL/ifosd_2008_14_6.pdf
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    References listed on IDEAS

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    1. Unknown, 2001. "Die Lage der Weltwirtschaft und der deutschen Wirtschaft im Herbst 2001," Report Series 26110, Hamburg Institute of International Economics.
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    Cited by:

    1. Klaus Abberger & Wolfgang Nierhaus, 2010. "Drei Monitorsysteme zur Analyse der sächsischen Industriekonjunktur," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 17(06), pages 33-39, December.
    2. Klaus Abberger & Wolfgang Nierhaus, 2010. "The Ifo Business Cycle Clock: circular correlation with GDP," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 63(05), pages 32-43, March.
    3. Wolfgang Nierhaus & Timo Wollmershäuser, 2016. "ifo Konjunkturumfragen und Konjunkturanalyse: Band II," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 72.

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    More about this item

    JEL classification:

    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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