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Speech
Prospects for an economic recovery.
Rosengren, Eric S. (2009)
Presentation by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, for The Worcester Economic Club, Worcester, Massachusetts, May 21, 2009
Speech , Paper 27

Journal Article
This is not your father's recession ... or is it?
Gascon, Charles S. (2009-04)
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.
The Regional Economist , Issue Apr , Pages 6-12

Journal Article
The current recession: how bad is it?
Gascon, Charles S. (2009)
In a recession, the severity of the decline is just as relevant as the duration of the recession.
Economic Synopses

Journal Article
The 2001 recession and the Chicago Fed National Index: identifying business cycle turning points
Pham-Kanter, Genevieve; Liu, Chin Te; Evans, Charles L. (2002-07)
The initial release of the Chicago Fed National Activity Index (CFNAI) in early 2001 pointed to the very real possibility that the U.S. economy was teetering on the brink of recession. This article quantifies the statistical ability of the CFNAI to act as an early warning indicator of economic recessions. In simulation experiments, the CFNAI performed virtually as well as the statistical model's ideal measure of the business cycle.
Economic Perspectives , Volume 26 , Issue Q III , Pages 26-43

Journal Article
Rolling recessions
Wynne, Mark A.; Koo, Jahyeong; Dolmas, Sheila (1997-09)
Southwest Economy , Issue Sep , Pages 1-4

Journal Article
Regional wrap-up '74: Doldrums descend on district economy
Keen, Howard (1975-03)
Business Review , Issue Mar , Pages 16-22

Journal Article
The Great Recession’s effect on entrepreneurship
Shane, Scott (2011-03)
Though the recent recession was the worst downturn since the Great Depression, some observers argue that one silver lining is an upswing in entrepreneurship. Recessions, they claim, provide laid-off workers with the motivation to start their own businesses, and a recent study suggests that in 2009 the number people becoming self employed spiked to its highest level in more than a decade. Unfortunately, a careful look at multiple sources of data shows that the Great Recession was actually a time of considerable decline in entrepreneurial activity in the United States.>
Economic Commentary , Issue Mar

Journal Article
Permanent and Transitory Effects of the 2008–09 Recession
Seitelman, Lily; Foerster, Andrew (2020-11-30)
Separating U.S. economic output into permanent and transitory components can help explain the effects of recessions and expansions. GDP growth shifted to a lower trend rate in 2000, indicating a slowdown long before the 2008–09 recession. GDP was substantially above trend before that recession; it then declined significantly and did not recover to its trend rate until 2017. The recession resulted in permanent losses to GDP. Without those permanent effects, GDP at the end of the latest expansion would have been about $380 billion or $1,460 per person higher.
FRBSF Economic Letter , Volume 2020 , Issue 36 , Pages 01-05

Journal Article
The effects of recessions across demographic groups
Wall, Howard J.; Engemann, Kristie M. (2010-01)
The burdens of a recession are not spread evenly across demographic groups. As the public and media noticed, from the start of the current recession in December 2007 through June 2009 men accounted for more than three-quarters of net job losses. Other differences have garnered less attention but are just as interesting. During the same period, the employment of single people fell at more than twice the rate that it did for married people and the decline for black workers was one and a half times that for white workers. To provide a more complete understanding of the effect of recessions, this ...
Review , Volume 92 , Issue Jan

Journal Article
Will higher corporate debt worsen future recessions?
Faust, Jon (1990-03)
Economic Review , Volume 75 , Issue Mar , Pages 19-34

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