Analysing major recessions: an analytical summary of a new study of large recessions in the twentieth century

Christopher Dow

National Institute Economic Review, 1999, vol. 167, 70-85

Abstract: The book just published is a study of the five major recessions since 1920, and seeks to establish their causes. It focuses on the UK, but sets events there in their international context, and makes frequent comparisons with other countries. It concentrates on the major recessions not only because the effects are greater, but because behaviour in big and small recessions differ; and appears to be the first study to do so.

Date: 1999
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