Dissecting US recoveries

María Gadea (), Ana Gómez-Loscos and Gabriel Perez-Quiros
Authors registered in the RePEc Author Service: Gabriel Perez Quiros

Economics Letters, 2017, vol. 154, issue C, 59-63

Abstract: We propose a set of new quantitative measures to characterize 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: Business cycles; Recoveries (search for similar items in EconPapers)
JEL-codes: C22 E32 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Related works:
Working Paper: Dissecting US recoveries (2017)
Working Paper: Dissecting US recoveries (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:154:y:2017:i:c:p:59-63

DOI: 10.1016/j.econlet.2017.02.027

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