Dissecting US recoveries

María Gadea (), Ana Gómez-Loscos and Gabriel Pérez-Quirós ()
Additional contact information
Gabriel Pérez-Quirós: Banco de España and CEPR
Authors registered in the RePEc Author Service: Gabriel Perez Quiros

No 1708, Working Papers from Banco de España

Abstract: We propose a set of new quantitative measures to characterise more fully the features of economic recoveries. We apply these measures to post-war 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: keyword; business cycles; recoveries (search for similar items in EconPapers)
JEL-codes: C22 E32 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2017-03
New Economics Papers: this item is included in nep-his and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.bde.es/f/webbde/SES/Secciones/Publicaci ... /17/Fich/dt1708e.pdf First version, March 2017 (application/pdf)

Related works:
Journal Article: Dissecting US recoveries (2017)
Working Paper: Dissecting US recoveries (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bde:wpaper:1708

Access Statistics for this paper

More papers in Working Papers from Banco de España Contact information at EDIRC.
Bibliographic data for series maintained by Ángel Rodríguez. Electronic Dissemination of Information Unit. Research Department. Banco de España ().