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The UK economy

Richard Kneller and Garry Young

National Institute Economic Review, 1999, vol. 167, 8-28

Abstract: Over the past three months, the good news about the economy has outweighed the bad and the chance of a very steep recession has receded. The widespread gloom that was evident in the autumn has partly lifted. This is most apparent in equity prices, which are now at record levels. But survey evidence is also beginning to suggest that firms and households are more confident than they were, especially with regard to their own situation.

Date: 1999
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