Journal Article

This is not your father's recession ... or is it?


Abstract: The current declines in employment and income are consistent with what happened in previous recessions going back to 1969. Unique this time are the major drop in home prices and the proactive response by policymakers.

Keywords: Recessions;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: The Regional Economist

Publication Date: 2009

Issue: Apr

Pages: 6-12