The Resource The 2001 Recession: How Was It Different and What Developments May Have Caused It?
The 2001 Recession: How Was It Different and What Developments May Have Caused It?
Resource Information
The item The 2001 Recession: How Was It Different and What Developments May Have Caused It? represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Bowdoin College Library.This item is available to borrow from 1 library branch.
Resource Information
The item The 2001 Recession: How Was It Different and What Developments May Have Caused It? represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Bowdoin College Library.
This item is available to borrow from 1 library branch.
- Summary
- The 2001 recession was unique in several respects. For instance, the peak-to-trough decline in real Gross Domestic Product was one of the smallest on record and its duration was slightly shorter than average. This article examines some of the other unique features of the 2001 recession compared with the "average" post-World War II recession. The author also shows that forecasters were surprised by the onset of the recession, perhaps because of incomplete data available to them in real time. Finally, the article examines the errors from a well-known macroeconomic forecast and finds that forecasters were surprised by the declines in real business and household fixed investment, as well as real net exports, before the March 2001 business cycle peak
- Note
- 1292
- Label
- The 2001 Recession: How Was It Different and What Developments May Have Caused It?
- Title
- The 2001 Recession: How Was It Different and What Developments May Have Caused It?
- Summary
- The 2001 recession was unique in several respects. For instance, the peak-to-trough decline in real Gross Domestic Product was one of the smallest on record and its duration was slightly shorter than average. This article examines some of the other unique features of the 2001 recession compared with the "average" post-World War II recession. The author also shows that forecasters were surprised by the onset of the recession, perhaps because of incomplete data available to them in real time. Finally, the article examines the errors from a well-known macroeconomic forecast and finds that forecasters were surprised by the declines in real business and household fixed investment, as well as real net exports, before the March 2001 business cycle peak
- http://library.link/vocab/creatorName
-
- Kliesen, Kevin L
- Inter-university Consortium for Political and Social Research [distributor]
- Label
- The 2001 Recession: How Was It Different and What Developments May Have Caused It?
- Note
- 1292
- Control code
- ICPSR01292.v1
- Governing access note
- Access restricted to subscribing institutions
- Label
- The 2001 Recession: How Was It Different and What Developments May Have Caused It?
- Note
- 1292
- Control code
- ICPSR01292.v1
- Governing access note
- Access restricted to subscribing institutions
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bowdoin.edu/portal/The-2001-Recession-How-Was-It-Different-and-What/rGBF7Y9MqcU/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bowdoin.edu/portal/The-2001-Recession-How-Was-It-Different-and-What/rGBF7Y9MqcU/">The 2001 Recession: How Was It Different and What Developments May Have Caused It?</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bowdoin.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="https://link.bowdoin.edu/">Bowdoin College Library</a></span></span></span></span></div>
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bowdoin.edu/portal/The-2001-Recession-How-Was-It-Different-and-What/rGBF7Y9MqcU/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bowdoin.edu/portal/The-2001-Recession-How-Was-It-Different-and-What/rGBF7Y9MqcU/">The 2001 Recession: How Was It Different and What Developments May Have Caused It?</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bowdoin.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="https://link.bowdoin.edu/">Bowdoin College Library</a></span></span></span></span></div>