Dissecting US Recoveries
18 Pages Posted: 2 May 2017
There are 2 versions of this paper
Dissecting US Recoveries
Banco de Espana Working Paper No. 1708
Number of pages: 22
Posted: 09 Mar 2017
Downloads
43
Date Written: April 2017
Abstract
We propose a set of new quantitative measures to characterise more fully the features of economic recoveries. We apply these measures to postwar US expansions and use cluster analysis to determine that there are two different types of recoveries in recent US economic history, with most expansions before 1984 (Great Moderation) looking quite different from those after.
Keywords: Business Cycles, recoveries
JEL Classification: C22, E32
Suggested Citation: Suggested Citation
Gadea Rivas, Maria Dolores and Gómez-Loscos, Ana and Pérez-Quirós, Gabriel, Dissecting US Recoveries (April 2017). CEPR Discussion Paper No. DP11997, Available at SSRN: https://ssrn.com/abstract=2961758
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.