Journal Article

Construction and the Great Recession


Abstract: The boom in real estate prices during the early 2000s and the subsequent bust were key factors underlying the recessions in the United States and Europe.

Keywords: Housing - Prices; Financial crises; Recessions;

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File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/11/ES1135.pdf

Authors

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2011

Order Number: 35