Search Results for recessions

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This paper studies overborrowing, financial crises and macro-prudential policy in an equilibrium...

The driving force of U.S. economic growth is expected to rotate from the fiscal stimulus and...

Using panel data for a large number of countries, we find that economic contractions are not...

Despite stops, gaps, and reversals, financial reforms advanced worldwide in the last quarter...

Using data for advanced economies, this paper investigates whether factors identified in the...

This paper reviews the "Austrian" theory of the business cycle first proposed by Friedrich Hayek...